Topic
Consumer Debt
67 published works
Crunched Credit
Vacation Induced Optimism?
By Rick Jones
It seems that I use most of my time in this space to rail against an unthoughtful regulatory architecture that will certainly surprise and may ultimately do unintended and substantial…
Labor Law Prof Blog
AAA, NAF Halt Consumer Debt-Collection Cases
Today's Wall Street Journal (subscription required) reports:Two major arbitration firms are backing away from the business of resolving disputes between customers and their credit-card and cellphone companies, throwing into disarray…
The Right Coast
Misleading Credit Card Debt Statistics Gail Heriot
A friend of mine quoted an alarming statistic about credit card debt to me recently. He said the average American family carries $8000 in credit card debt. Can that be…
Bankruptcy Litigation Blog 2.0
Happy Birthday, BAPCPA? Thoughts on Some of BAPCPA’s “Conventional Wisdoms”
Today, glasses in some halls of Congress are probably clinking in honor of BAPCPA's first birthday. But is America really better off? Are creditors really getting paid more because fewer consumers…
Finance & Bankruptcy Law Blog
New Bankruptcy Laws Effective October 17, 2005
The "Bankruptcy Abuse Prevention and Consumer Protection Act of 2005" (as the "Act") becomes effective Monday, October 17, 2005, and represents the biggest overhaul of bankruptcy law in more than…
Bankruptcy Litigation Blog 2.0
Guess Who Might Benefit Most from BAPCPA?
With the effective date of the "Bankruptcy Abuse Prevention and Consumer Protection Act of 2005" (BAPCPA) fast approaching (October 17, 2005), this recent article from The National Law Journal provides…
Finance & Bankruptcy Law Blog
The New Bankruptcy Act: Will It Prompt a Rush to File?
With some exceptions, the new bankruptcy provisions do not become effective, and therefore applicable, until 180 days after enactment, or October 17, 2005. Since the new provisions are generally favorable…