The Relationship Between Nonbusiness Bankruptcy Filings and Various Measure of Consumer Debt

10 Pages Posted: 4 Oct 2006  

Robert M. Lawless

University of Illinois College of Law

Date Written: July 2001

Abstract

This web-based article was originally posted to the web in 2001. It explores the relationship between the U.S. nonbusiness bankruptcy filings and basic measures of debt carried by consumers, including mortgages. The conclusion is nonbusiness bankruptcy filings have a relationship to outstanding consumer debt. The paper also discusses the construction of the Federal Reserve's household debt service burden and how that data point may be an incomplete measure of consumber debt burden. The web site that hosted the paper no longer exists, and because the author periodically receives requests for the paper, it is made available here.

Keywords: bankrutpcy, consumer credit

JEL Classification: K20

Suggested Citation

Lawless, Robert M., The Relationship Between Nonbusiness Bankruptcy Filings and Various Measure of Consumer Debt (July 2001). U Illinois Law & Economics Research Paper Series. Available at SSRN: https://ssrn.com/abstract=934798 or http://dx.doi.org/10.2139/ssrn.934798

Robert M. Lawless (Contact Author)

University of Illinois College of Law ( email )

504 E. Pennsylvania Avenue
Champaign, IL 61820
United States

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