The Bankruptcy of Refusing to Hire Persons Who Have Filed Bankruptcy

Who Files for Bankruptcy

While prior papers have examined the impact of state exemption and garnishment laws on the average household, this paper is the first to examine their heterogeneous impact. In my theoretical model, households choose between three options: repayment, bankruptcy, and informal bankruptcy (non-repayment without the benefit of the formal bankruptcy process). The model makes two predictions about the...

Different Approaches to Bankruptcy

My approach will be mainly normative: I will have very little to say about why bankruptcy laws have developed in the way they have.

The Household Bankruptcy Decision

Personal bankruptcy Ž lings have risen from 0.3 percent of households per year in 1984 to around 1.35 percent in 1998 and 1999, transforming bankruptcy from a rare occurrence to a routine event. Lenders lost about $39 billion in 1998 due to personal bankruptcy Ž lings. But economists have little understanding of why households Ž le for bankruptcy or why Ž lings have increased so rapidly. Until ...

Bankruptcy Judges and Bankruptcy Venue: Some Thoughts on Delaware

Models to Assess the Bankruptcy Risk

Closely related to financial risk assessment, one of the main concerns of the organizations should be the evaluation of bankruptcy risk, in this period of slow economic growth. Organization bankruptcies have increased in recent years worldwide. The aim of this paper is to demonstrate that the methods and models for forecasting bankruptcy of organizations, for the bankruptcy risk assessment are ...