Effects of the BAPCPA on the chapter composition of consumer bankruptcies

The 2005 Bankruptcy Abuse Prevention and Consumer Protection Act limited homestead exemptions and imposed means test to discourage petitioners seeking financial benefits. We find that these restrictions were effective in steering petitioners away from Chapter 7 filings and into Chapter 13.

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Year of publication:	2014
Authors:	Cornwell, Christopher ; Xu, Bing
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 124.2014, 3, p. 439-442
Publisher:	Elsevier
Subject:	Bankruptcy \| BAPCPA \| Homestead exemption \| Means test

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Type of publication:	Article
Classification:	D14 - Personal Finance ; K35 - Personal Bankruptcy Law ; R21 - Housing Demand
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010930716