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A look at household bankruptcies

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  • Mamie Marcuss

Abstract

In recent years, a record number of U.S. households have declared bankruptcy. This article explores the possible causes and potential effects of the rising rate of insolvent households.

Suggested Citation

  • Mamie Marcuss, 2004. "A look at household bankruptcies," Communities and Banking, Federal Reserve Bank of Boston, issue Spr, pages 15-20.
  • Handle: RePEc:fip:fedbcb:y:2004:i:spr:p:15-20
    as

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    File URL: http://www.bostonfed.org/commdev/c&b/2004/spring/Bankruptcies.pdf
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    References listed on IDEAS

    as
    1. Joanna Stavins, 2000. "Credit card borrowing, delinquency, and personal bankruptcy," New England Economic Review, Federal Reserve Bank of Boston, issue Jul, pages 15-30.
    2. Igor Livshits & James MacGee & Michèle Tertilt, 2007. "Consumer Bankruptcy: A Fresh Start," American Economic Review, American Economic Association, vol. 97(1), pages 402-418, March.
    3. Scott Fay & Erik Hurst & Michelle J. White, 2002. "The Household Bankruptcy Decision," American Economic Review, American Economic Association, vol. 92(3), pages 706-718, June.
    4. Fay, S. & Hurst, E. & White, M.J., 1998. "The Bankruptcy Decision: Does Stigma Matter?," Papers 98-01, Michigan - Center for Research on Economic & Social Theory.
    5. Mark Furletti, 2003. "Consumer bankruptcy: how unsecured lenders fare," Payment Cards Center Discussion Paper 03-17, Federal Reserve Bank of Philadelphia.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Bankruptcy ; Finance; Personal;

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