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Articles 1 - 5 of 5

Full-Text Articles in Law

Why (Consumer) Bankruptcy?, Richard M. Hynes Oct 2004

Why (Consumer) Bankruptcy?, Richard M. Hynes

Faculty Publications

No abstract provided.


The Many Faces Of Chapter 11: A Reply To Professor Baird, A. Mechele Dickerson Apr 2004

The Many Faces Of Chapter 11: A Reply To Professor Baird, A. Mechele Dickerson

Faculty Publications

No abstract provided.


Negotiating Bankruptcy Legislation Through The News Media, Melissa B. Jacoby Jan 2004

Negotiating Bankruptcy Legislation Through The News Media, Melissa B. Jacoby

Faculty Publications

No abstract provided.


The Political Economy Of Property Exemption Laws, Richard M. Hynes, Anup Malani, Eric A. Posner Jan 2004

The Political Economy Of Property Exemption Laws, Richard M. Hynes, Anup Malani, Eric A. Posner

Faculty Publications

Exemption laws enable people who default on loans to protect certain assets from liquidation. Every state has its own set of exemption laws, and they vary widely. The 1978 federal bankruptcy law contains a set of national exemptions, which debtors in bankruptcy are permitted to use instead of their state's exemptions unless the state has formally "opted out" of the federal system. We contend that states' decisions to opt out shed light on their exemption levels. We find that states are more likely to opt out if their state exemption is lower than the federal exemption and that states are …


Overoptimism And Overborrowing, Richard M. Hynes Jan 2004

Overoptimism And Overborrowing, Richard M. Hynes

Faculty Publications

No abstract provided.