Because of the recent surge in U.S. personal defaults, Congress is currently debating bankruptcy reform legislation … previous work, bankruptcy options and production are explicitly taken into account. Our findings indicate that means testing … would not improve upon current bankruptcy provisions and, at best, leaves aggregate filings, output, and welfare unchanged …

Chapter 11 structures complex negotiations between creditors and debtors that are overseen by a bankruptcy court. This …

incorporates the possibility of bankruptcy. …

Credit card delinquencies and personal bankruptcy rates increased during the mid 1990s, despite the strength of the U … revolving debt-mainly credit card loans-was especially noticeable, and the increase in personal bankruptcy rates was also … credit card debt and the increase in bankruptcy rates. She also tests whether credit card lenders face an adverse selection …

results obtained with Australian data indicate significant associations between bankruptcy rates in different industries. Most … of these associations are positive and hence implying that bankruptcy in one industry can inflict a "domino" effect on …