Consumer Bankruptcy

George Mason Law & Economics Research Paper No. 07-09

Encyclopedia of Law and Society: American and Global Perspectives, Forthcoming

12 Pages Posted: 1 Feb 2007

See all articles by Todd J. Zywicki

Todd J. Zywicki

George Mason University - Antonin Scalia Law School; PERC - Property and Environment Research Center

Abstract

This is the entry for "Consumer Bankruptcy, Doctrinal Issues In" in the Encyclopedia of Law and Society: American and Global Perspectives. This entry provides a summary and overview of the law and policy of consumer bankruptcy. First, it summarizes the American bankruptcy law legal regime. Second, it explores the competing hypotheses for the rise in bankruptcy filings during the past three decades, contrasting the "traditional" or "distress" model of consumer bankruptcy with the "incentives" or economic model. Third, it describes the recent amendments to the American consumer bankruptcy regime. Finally, it provides a comparative view of consumer bankruptcy law by comparing the American system and trends in American bankruptcy law and policy with Europe and other areas of the world.

Keywords: Consumer bankruptcy, comparative consumer bankruptcy law

JEL Classification: K00, K20, K35

Suggested Citation

Zywicki, Todd J., Consumer Bankruptcy. George Mason Law & Economics Research Paper No. 07-09, Encyclopedia of Law and Society: American and Global Perspectives, Forthcoming, Available at SSRN: https://ssrn.com/abstract=960822

Todd J. Zywicki (Contact Author)

George Mason University - Antonin Scalia Law School ( email )

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United States
703-993-8091 (Phone)
703-993-8088 (Fax)

PERC - Property and Environment Research Center

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