Savings Plans and Chapter 13
David Jones, Chief US Bankruptcy Judge of the Southern District of Texas, has just posted a nifty empirical stud y of the effects of savings plans on the success of Chapter 13 filings. ... Read full article
David Jones, Chief US Bankruptcy Judge of the Southern District of Texas, has just posted a nifty empirical stud y of the effects of savings plans on the success of Chapter 13 filings. ... Read full article
Leiden University in the Netherlands has established an impressive strength in insolvency law studies . ... Read full article
The current Consumer Bankruptcy Project (CBP)’s co-investigators (myself, Slipster Bob Lawless, and past Slipsters Katie Porter & Debb Thorne) just posted to SSRN our new article (forthcoming in Notre Dame Law Review ), Life in the Sweatbox . ... Read full article
Not only are religious organizations still filing under chapter 11. As in prior years, they continue to file under chapter 11 in line with fluctuations in consumer bankruptcy filings. Find a couple graphs below to show this. But first, some background. ... Read full article
A while back , political scientist Mirya Holman and I wrote a book chapter making sense of existing (and dueling) studies of the relationship between medical problems and bankruptcy, and presenting new findings from the 2007 Consumer Bankruptcy Project on ... Read full article
It's been a busy day, but before I sign off for the evening, I would be remiss not to flag Paul Kiel's outstanding piece that came out this morning, How the Bankruptcy System is Failing Black Americans . ProPublica and The Atlantic ... Read full article
Yesterday, I noted the U.S. bankruptcy filing rate of 2.38 per 1,000 persons is at historic lows . The next question is always why. In this post, I am going to try to walk through an explanation in four graphs. The upshot is that consumer debt is low but ... Read full article
Many of us on Credit Slips have been part of the Consumer Bankruptcy Project (CBP), a long-term research project studying people who file chapter 7 and 13 bankruptcy. Several years ago, some of us blogged about the writings from the last CBP iteration in ... Read full article
There's a great new paper available on out-of-court restructuring and the Trust Indenture Act. The New Bond Workouts is up on SSRN. From the abstract it sounds pretty darn amazing—a new, empirically based analysis of bond restructurings that ... Read full article
The Judiciary Data and Analysis Office of the Administrative Office of the US Courts has launched a new feature called "Just the Facts," highlighting statistical trends in the US judiciary. Table 2 and Chart 3 of the inaugural report reflect a ... Read full article
Forecasting U.S. bankruptcy filings for this year was a little more complicated. In a comment to my post about the total 2015 bankruptcy filings , Erich Fabricius made the astute observation that December 2016 saw the introduction of new bankruptcy forms ... Read full article
I have enormous respect and appreciation for the CFPB and the wonderful and talented and committed folks who work there. Thus I am mystified that in their efforts to improve servicing of student loans and directing of student loan at-risk borrowers to the ... Read full article