Financial Benefits, Travel Costs, and Bankruptcy

June 16th, 2014
in econ_news

from the Philadelphia Fed

The cost of personal bankruptcy filers traveling to their bankruptcy trustees affects bankruptcy choices. Increased travel costs reduce the number of filings. Furthermore, for those individuals who do file, it was found that their increased travel costs need to be compensated by increased financial benefits of bankruptcy. Filers without cars (higher travel costs), as well as those with jobs (higher opportunity costs), receive larger per-kilometer financial benefits from bankruptcy

Follow up:

[click on image below to read the entire study]

Source: http://www.philadelphiafed.org/research-and-data/publications/working-papers/2014/wp14-18.pdf















Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.












 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved