Intro -- Contents -- List of Illustrations -- List of Tables -- Preface -- Chapter 1: Americans in Financial Crisis -- Chapter 2: Middle-Class and Broke: The Demography of Bankruptcy -- Chapter 3: Unemployed or Underemployed -- Chapter 4: Credit Cards -- Chapter 5: Sickness and Injury -- Chapter...

This article draws upon data from a large empirical study of business bankruptcy cases to cast serious doubt upon two of the fundamental premises required to support claims that bankruptcy law should be replaced by default procedures established by contract. A number of proposals have been made...

The Business Bankruptcy Project is a five-year empirical study of about 3,200 business cases originally filed in Chapter 7, Chapter 11 and Chapter 13 in 23 judicial districts during 1994. This first report focuses on financial and demographic data, creating a statistical profile of the...

Although Chapter 11 has served as a model for bankruptcy reform around the world, the conventional wisdom has been that it is characterized by a relatively low success rate and endless delay. The data from large samples of Chapter 11 cases filed in 1994 and 2002 demonstrate that this...