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Full-Text Articles in Law

Flexible Finality In Bankruptcy: The Right To Appeal A Denial Of Plan Confirmation, Joseph L. Nepowada Feb 2015

Flexible Finality In Bankruptcy: The Right To Appeal A Denial Of Plan Confirmation, Joseph L. Nepowada

Joseph L Nepowada

This Article examines the current state of the law interpreting what “finality” means in context of a bankruptcy proceeding and what effect that interpretation has on the appealability of certain orders, such as the denial of plan confirmation under a Chapter 13 bankruptcy proceeding. The article highlights nine courts of appeals and their decisions concerning the appealability of a denial of a plan confirmation and it is apparent that the courts are split with three courts of appeal allowing a debtor to appeal a denial of plan confirmation as a matter of right, while six courts of appeal will deny …


Reforming Preference Law, Dalie Jimenez Dec 2014

Reforming Preference Law, Dalie Jimenez

Dalie Jimenez

This article responds to Brook Gotberg's proposal to do away with preference liability in certain Chapter 11 cases and provides empirical evidence of preferential transfers in consumer Chapter 7 cases.


The Bankruptcy Puzzle, Margaret F. Brinig, F. H. Buckley Oct 2013

The Bankruptcy Puzzle, Margaret F. Brinig, F. H. Buckley

Margaret F Brinig

This article offers new evidence on the determinants of U.S. consumer bankruptcy filing rates, which tripled from 1984 to 1991. The run-up in filing rates does not appear to be a consequence of legal changes since the increase coincided with Bankruptcy Code amendments designed to reduce filing rates by rejecting opportunistic petitions. The run-up also coincided with a major economic boom and crested with the 1991 recession. However, much of the variation in district filing rates is attributable to differences in social variables, and we suggest that changes in social norms might account for the increased bankruptcy filings. This article …


Debt, Financial Distress, And Bankruptcy Over The Life Course, Allison L. Mann, Ronald J. Mann Jan 2011

Debt, Financial Distress, And Bankruptcy Over The Life Course, Allison L. Mann, Ronald J. Mann

Ronald Mann

This paper examines how the risks of debt, financial distress, and bankruptcy shift over the life course. Comparing parallel data from the 2007 Survey of Consumer Finances and the 2007 Consumer Bankruptcy Project, we analyze use of the bankruptcy process as a product of the distribution of unplanned events, the ability of households to use credit markets to limit the adverse effects of such events, and barriers in access to the bankruptcy system. Our findings suggest two things. One, bankrupt households generally come from the bottom quartiles of the population in assets and income and the top quartile in debt, …


A Step-By-Step Guide To Chapter 7 Consumer Bankruptcy In Arkansas From The Debtor's Perspective, Timothy R. Tarvin Dec 2008

A Step-By-Step Guide To Chapter 7 Consumer Bankruptcy In Arkansas From The Debtor's Perspective, Timothy R. Tarvin

Timothy R Tarvin

With record levels of unemployment in Arkansas contributing to rising bankruptcy filings, the increased demand for bankruptcy representation should incentivize attorneys to consider developing a fundamental working knowledge of bankruptcy law. This article provides a resource guide for the assessment, preparation and filing of consumer chapter 7 (liquidation) individual and joint bankruptcies. The article’s scope includes: (1) an overview of bankruptcy; (2) background on debtor-creditor law generally; (3) relevant sources of bankruptcy and non-bankruptcy law and procedure; (4) distinctions among the various types of consumer bankruptcy; (5) the steps in a typical chapter 7 case; (6) information on the official …


The Wisconsin Exemption Clause Debate Of 1846: An Historical Perspective On The Regulation Of Debt, Bernard Trujillo Jan 1998

The Wisconsin Exemption Clause Debate Of 1846: An Historical Perspective On The Regulation Of Debt, Bernard Trujillo

Bernard Trujillo

No abstract provided.