IDEAS home Printed from https://ideas.repec.org/a/fip/fedpbr/y2007iq4x1.html
   My bibliography  Save this article

What do we know about Chapter 13 personal bankruptcy filings?

Author

Listed:
  • Wenli Li

Abstract

Since 1980, the number of households filing for bankruptcy has more than tripled. This drastic increase in personal bankruptcy filings led to substantial debate among economists and policymakers. That debate subsequently resulted in the enactment of extensive reforms in 2005 when Congress passed the Bankruptcy Abuse Prevention and Consumer Protection Act. Ultimately, the rationale for this legislation is the presumption that Chapter 13 leads to more appropriate outcomes compared with either Chapter 7 filings or other options outside bankruptcy. In “What Do We Know About Chapter 13 Personal Bankruptcy Filings,?” Wenli Li outlines the results of two recent studies that have taken a more detailed look at actual outcomes in Chapter 13. ; Also issued as Payment Cards Center Discussion Paper No. 07-17

Suggested Citation

  • Wenli Li, 2007. "What do we know about Chapter 13 personal bankruptcy filings?," Business Review, Federal Reserve Bank of Philadelphia, issue Q4.
  • Handle: RePEc:fip:fedpbr:y:2007:i:q4:x:1
    as

    Download full text from publisher

    File URL: http://www.philadelphiafed.org/research-and-data/publications/business-review/2007/q4/li_chapter-13-filings.pdf
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wenli Li, 2009. "Residential housing and personal bankruptcy," Business Review, Federal Reserve Bank of Philadelphia, issue Q2, pages 19-29.

    More about this item

    Keywords

    Bankruptcy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedpbr:y:2007:i:q4:x:1. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Beth Paul). General contact details of provider: http://edirc.repec.org/data/frbphus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.