News Topic: Bankruptcy Data

Jialin Wing has a blog post up summarizing her and her co-authors very interesting NBER paper estimating that at least 30,000 to 60,000 liquidity constrained households this will be priced out of bankruptcy because of the increased costs that came with ... Read full article

Bankruptcy filings ros ... Read full article

In 2005, Congress amended bankruptcy law to require individual debtors with primarily consumer debts to complete an "instructional course on personal financial management" to be eligible to receive a discharge of their debts . ... Read full article

A few weeks ago, Katie Porter noted the release of the new book, Broke: How Debt Bankrupts the Middle Class . We are trying to feature posts from the authors of Broke about their contributions. Today's post comes from Professor Angela Littwiin of the ... Read full article

It's the time of year when professors, including those who are adjunct professors or are interested in teaching as adjuncts, submit their proposed courses for the next academic year. Many of us teach a general 3 or 4 unit bankruptcy course that uses ... Read full article

Two weeks ago, I blogged about the Forms Modernization Project's effort to create new forms specifically for consumer bankrupts. The chair of that Project, Judge Elizabeth Perris, offered a lengthy comment that shared some information on the goals ... Read full article

In many respects, bankruptcy is a one-size-fits-all legal process. Yes, there are ample differences in the law (and a world of difference in practice) between the bankruptcy of a large corporation and a typical consumer. But the Bankruptcy Code itself ... Read full article

In the introductory chapter of the book, Broke: How Debt Bankrupts the Middle Class ,  I present some data about consumer debt levels in the United States. ... Read full article

The article discussed in the N.Y. Times story today is heavily empirical. It is also deliberately light on the prescriptive. ... Read full article

As Adam noted in his kind post, the New York Times today featured our study, "Race, Attorney Influence, and Bankruptcy Chapter Choice." My co-authors are Credit Slips blogger Jean Braucher, a law professor at the University of Arizona, and Dov ... Read full article

At the end of a lively session  yesterday at Duke Law School featuring Professor Stephen Ware of University of Kansas Law School, there was a brief discussion of whether shorter foreclosure timelines and clearer rules would promote more workouts of ... Read full article

Previously I mentioned this new paper on homeowners in bankruptcy  in the American Bankruptcy Law Journal. The central goal of the paper was to investigate what makes homeowners more or less likely to have mortgage troubles as they head into ... Read full article

Just in time for New Year's resolutions on 1) reading more, 2) paring back your own debt, and 3) learning more about consumer bankruptcy to help you do your job (if you are a lawyer, judge, or academic, media, etc), the book, Broke: How Debt ... Read full article

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This is a newly published paper  in the American Bankruptcy Law Journal  that I was lucky to work on with Daniel McCue and Eric Belsky at the ... Read full article

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According to this new report . As Mirya Holman and I have explained  in the bankruptcy context, measuring medical bill problems and debt is notoriously contested, but the Center for Studying Health System Change does try to make clear its methods and also ... Read full article

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