Economics, Econometrics and Finance
4 years ago

Bankruptcy laws may be prolonging unsustainable homeownership, study finds.

1 view
University of Illinois law review
Bankruptcy Reform and Homeownership Risk
Melissa B. Jacoby

Paper Summary

The article discusses how changes in bankruptcy laws and the mortgage market affect homeownership risks. It looks at chapter 13 bankruptcy as a way to protect homeowners with mortgages. The study suggests that recent changes to the Bankruptcy Code could help sort out homeowners who can sustain their mortgages from those who cannot.

Related papers

Business, Management and Accounting
8 years ago

Consumer Bankruptcy Reform: Redefining Social Safety Net in Finance Markets

Bankruptcy Law
Regulatory Competition
2 views
Business, Management and Accounting
8 years ago

Rapid Rise in Personal Bankruptcies Sparks Urgent Policy Reform Debate

Retirement Planning
2 views
Business, Management and Accounting
8 years ago

Debate over Consumer Bankruptcy Reform Reignites in Congress

Retirement Planning
Corrective Justice
Financialization
1 view