Both the proportion of bankruptcy filings that are by the elderly and the proportion of foreclosure starts that affect … either of two events: the 2005 bankruptcy reform and the 2008 financial crisis. Our results show that while these events made …

We build a structural model of Chapter 13 bankruptcy that captures salient features of personal bankruptcy under … Chapter 13. We estimate our model using a novel data set that we construct from bankruptcy court dockets recorded in Delaware … 13 outcomes under the restrictions imposed by the bankruptcy law. We use the estimated model to conduct policy …