countercyclicality of bankruptcy filings found in U.S. data? Yes, it does, but only if we explicitly model recessions as displaying … bankruptcy risk discouraging households from using credit. This finding contradicts the intuition that access to credit helps …

countercyclicality of bankruptcy filings found in U.S. data? Yes, it does, but only if we explicitly model recessions as displaying … bankruptcy risk discouraging households from using credit. This finding contradicts the intuition that access to credit helps …

countercyclicality of bankruptcy filings found in U.S. data? Yes, it does, but only if we explicitly model recessions as displaying … bankruptcy risk discouraging households from using credit. This finding contradicts the intuition that access to credit helps …

This paper uses a unique data set to shed new light on credit availability to consumer bankruptcy filers. In particular …, the authors' data allow them to distinguish between Chapter 7 and Chapter 13 bankruptcy filings, to observe changes in … findings. First, despite speedy recovery in their risk scores after bankruptcy filing, most filers have much reduced access to …

main lesson of Morrison and Uettwiller's essay on Consumer Bankruptcy Pathologies (Morrison and Uettwiller, 2017). The … essay is a major contribution to the literature on consumer bankruptcy, not for the new answers it provides, but for the old … bankruptcy system is both racially skewed and ineffective and that lawyers are in large part responsible. Morrison and Uettwiller …