Tags: bankruptcy

The 2005 Bankruptcy Reform And The Foreclosure Crisis

February 25th, 2015
in econ_news

by Stefania Albanesi, Jaromir Nosal, Zachary Bleemer, and Matthew Ploenzke - Liberty Street Economics, Federal Reserve Bank of New York [Second in a two-part series] Our previous post showed that the 2005 Bankruptcy Abuse Prevention and Consumer Protec… more »

Insolvency After The 2005 Bankruptcy Reform

February 23rd, 2015
in econ_news

by Stefania Albanesi, Jaromir Nosal, Zachary Bleemer, and Matthew Ploenzke - Liberty Street Economics, Federal Reserve Bank of New York [First in a two-part series] Personal bankruptcy was introduced in the United States through the Bankruptcy Act of 1… more »

Rethinking the Unthinkable: Bankruptcy for Large Financial Institutions

October 11th, 2014
in econ_news

by Jeffrey M. Lacker, President Federal Reserve Bank of Richmond Here is the highlights of my speach at the National Conference of Bankruptcy Judges Annual Meeting at Chicago, Ill.The bankruptcy process is an effective tool for reconciling the ince… more »

Study Casts Doubt on the Effectiveness of the Current Bankruptcy System in Providing Relief to Bankruptcy Filers

September 2nd, 2014
in econ_news

by Philadelphia Fed Shedding new light on credit availability to consumer bankruptcy filers, our data allow us to distinguish between Chapter 7 and Chapter 13 bankruptcy filings, to observe changes in credit demand and credit supply explicitly, and to… more »

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 t… more »




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