Reforms made to the U.S. Bankruptcy Code in 2005 instituted a new means testing requirement that restricts the discharge of unsecured debt under Chapter 7 to filers with income below their state's median, thereby forcing filers with income above their state's median into a costly Chapter 13...

Across the criminal and civil justice systems, research regarding procedural justice — feeling that one has a voice, is respected, and is before a neutral and even-handed adjudicator — shows that people's positive perceptions of legal processes are fundamental to the legal system's...

Limited personal liability has long been thought to promote entrepreneurship by providing partial insurance through debt relief in the event of business failure. However, providing this insurance through debt relief makes borrowing more costly and tightens borrowing constraints. To examine the...