Focusing on home owners, the paper discusses the reduction in a household’s credit access due to bankruptcy filing and … its two effects that may deter a household from filing for bankruptcy. Empirical evidence presented in the paper suggests … that a household with a bankruptcy record is about 30% more likely to lose home ownership and consequently the mortgage …

liability rules and bankruptcy laws decreases as exogenous sources of uncertainty become relatively more important, and … increases with the opportunity for moral hazard (related to diligence, risk taking, or deception). Second, bankruptcy laws …

specific risks. There are many reasons to use nonlinear techniques for predicting bankruptcy from financial ratios. Here we … the Creditreform database. The results reveal that the most important eight predictors related to bankruptcy for these …