Bankruptcy By The Numbers : A Tale Of Two Chapters

Topics:
Bankruptcy
Tags:
Bankruptcy,
Business Operations,
Chapter,
Litigation
Source:
United States Department of Justice

FREE Registration is required

Overview: Consumer debtors have two primary options in bankruptcy –to pay some or all of their debts out of future earnings under chapter 13, or to liquidate non-exempt property, if any, to satisfy creditors while protecting future earnings under chapter 7. To date, the majority of consumer debtors have opted for chapter 7. A series of legislative proposals have been made since 1997 in an attempt to encourage more debtors to file under chapter 13 rather than under chapter 7. This articles compares chapter 7 and chapter 13 cases and debtors. It is well known that very few chapter 7 cases make disbursements to creditors. A large percentage of those cases are consumer cases. These cases create an interesting comparison with chapter 13 cases that are confirmed and go on to create disbursements for creditors. In this article, comparisons of these two groups of consumer cases in bankruptcy are discussed in detail.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 43KB | Date: Jan 2003 | Pages: 4

People who downloaded this item also downloaded

White Paper Bankruptcy And Firm Finance
White Paper The State of the Art in Finance
White Paper Economics of Bankruptcy
White Paper 27 Principles Of Negotiating
Case Study Acer Exchange—Case Studies

Top results from Bankruptcy

White Paper The Anatomy of the Bankruptcy Bill (Part-l)
White Paper The Anatomy of the Bankruptcy Bill
White Paper The Anatomy of the Bankruptcy Bill Part III - The Best Can Be Better
White Paper Escaping Post-Bankruptcy Tax Constraints
White Paper Significant Decline and Change in Profile of Public Company Bankruptcies in the First Half of 2003

» View all Bankruptcy listings

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).