bankruptcy trustee, and (2) becoming a client of a not-for-profit credit counselling agency. Each of these options is regulated …

We propose a parsimonious model with adverse selection where delinquency, renegotiation, and bankruptcy all occur in … equilibrium as a result of a simple screening mechanism. A borrower has private information about her cost of bankruptcy, and a …, delinquency leads to bankruptcy. We apply the model to analyze effects of a government intervention in debt restructuring. We show …

Eight years have elapsed since China enacted its first market-oriented bankruptcy statute in 2006. This article will … attempt to make an evaluation of Chinese bankruptcy law in theory and practice with suggestions for its future reform. In … order to reveal the theoretical flaws of Chinese bankruptcy law, the article will evaluate the bankruptcy provisions against …

Each year, a quarter of a million student loan debtors file for bankruptcy. Of those, fewer than three hundred … titular Student Loan Bankruptcy Gap, and it is a phenomenon that is unprecedented in the law.Drawing upon an original dataset … of nearly five hundred adversary proceedings, this Article examines three key facets of the Student Loan Bankruptcy Gap …