Auto lenders were perhaps the biggest winners of the 2005 Bankruptcy Reform. Cars depreciate quickly, so borrowers … to the market value of the car through a "cramdown" in Chapter 13 bankruptcy. The Reform prohibited cramdowns during the … eliminating cramdowns affected only one of the two types of consumer bankruptcy: Chapter 13. They exploit persistent historical …

. Following bankruptcy reform, wealthier households under 50 reduced their arrears between 2004 and 2007. During the sub …

When a new act on bankruptcy law entered into force on 1 January 2016, it introduced changes in the scope of personal … bankruptcy. The article points to the economic aspects of legal solutions provided for in the new regulation for indebted natural … persons, significant on a micro and macro scale. At the same time, it points to the problems in the personal bankruptcy …

of increases in the amount and share of delinquent debt (90 days past due or more) and of increases in bankruptcy risk …

providing an overview of consumer bankruptcy law in the US and document the relevant institutional changes over time. We proceed … implications of various bankruptcy laws? And second, what caused the rise in filings over time? We end with a discussion of open …

providing an overview of consumer bankruptcy law in the US and document the relevant institutional changes over time. We proceed … implications of various bankruptcy laws? And second, what caused the rise in filings over time? We end with a discussion of open …

access to unsecured credit (because of bankruptcy costs) and aggregate shocks, we show that the cyclical behavior of … credit match the sizes of credit and bankruptcy volatilities. We also find that when the right to file for bankruptcy does …