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Research on the Theoretical Basis of Limitations on Personal Bankruptcy Exemptions
Journal of Economics and LawThe exemption system is the core of modern personal bankruptcy law, but it should be clear that the bankruptcy exemption is not a system that exclusively serves the debtor, but it is the result of balancing the interests of the creditors, the debtor and ...
Ziping Shao
semanticscholar +1 more source
2017
The partner or sole trader may be made bankrupt if his liabilities exceed his assets or if he has insufficient liquid assets to pay his current liabilities even if the value of his total assets exceeds the value of his total liabilities. The law of bankruptcy is mostly contained in the Enterprise Act (EA) 2002.
J. Scott Slorach, Jason Ellis
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The partner or sole trader may be made bankrupt if his liabilities exceed his assets or if he has insufficient liquid assets to pay his current liabilities even if the value of his total assets exceeds the value of his total liabilities. The law of bankruptcy is mostly contained in the Enterprise Act (EA) 2002.
J. Scott Slorach, Jason Ellis
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Personal Bankruptcy Protection and Household Debt
SSRN Electronic Journal, 2014Increasing personal bankruptcy protection raises consumers’ desire to borrow and lenders’ cost of extending credit; the impact on equilibrium borrowing is ambiguous. Using bankruptcy protection changes between 1999 and 2005 across U.S. states, we find that borrowers respond to greater protection by increasing their unsecured debt.
Felipe Severino +2 more
openaire +2 more sources
2016
The partner or sole trader may be made bankrupt if his liabilities exceed his assets or if he has insufficient liquid assets to pay his current liabilities even if the value of his total assets exceeds the value of his total liabilities. The law of bankruptcy is mostly contained in the Enterprise Act (EA) 2002.
J. Scott Slorach, Jason Ellis
openaire +1 more source
The partner or sole trader may be made bankrupt if his liabilities exceed his assets or if he has insufficient liquid assets to pay his current liabilities even if the value of his total assets exceeds the value of his total liabilities. The law of bankruptcy is mostly contained in the Enterprise Act (EA) 2002.
J. Scott Slorach, Jason Ellis
openaire +1 more source
Academic Journal of Management and Social Sciences
Since the implementation of the "Personal Bankruptcy Regulations of Shenzhen Special Economic Zone" in 2021, the construction of the personal bankruptcy system in China has gradually entered the stage of practical exploration. How to accurately identify "
Jingwen Mao
semanticscholar +1 more source
Since the implementation of the "Personal Bankruptcy Regulations of Shenzhen Special Economic Zone" in 2021, the construction of the personal bankruptcy system in China has gradually entered the stage of practical exploration. How to accurately identify "
Jingwen Mao
semanticscholar +1 more source
Household Consumption and Personal Bankruptcy
SSRN Electronic Journal, 2007AbstractThis paper utilizes the population of personal bankruptcy filers in the state of Delaware during 2003 and finds that household expenditures on durable consumption goods, such as houses and automobiles, contribute significantly to personal bankruptcy filings.
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Personal Bankruptcy and Economic Stability
Southern Economic Journal, 1974With the publication of a major study of bankruptcy in the United States, The Brookings Institution has contributed to an increased awareness of a significant social and economic problem [6]. Currently, about 200,000 bankruptcy proceedings are commenced annually, and more than 90 percent of these are personal, as opposed to business, bankruptcies.
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Macroeconomic determinants of personal bankruptcies
Managerial Finance, 2002Outlines trends in UK personal bankruptcies and relevant research; and explores the reasons for their dramatic rise since 1990. Explains the process of econometric analysis used to interpet the statistics and presents the results, which support the argument that higher indebtedness leads to more bankruptcies, either through higher gearing or declining ...
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Social Networks and Personal Bankruptcy
Journal of Empirical Legal Studies, 2012This article examines the role of social networks in a household's bankruptcy decision. Social networks may affect a household's bankruptcy decision in many ways: they could provide information about the required paperwork, recommend an attorney, reduce the stigma associated with bankruptcy, or increase awareness of its benefits.
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