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As WE FORGIVE OUR DEBTORS: BANKRUPTCY AND CONSUMiR CREDIT IN AMERICA. By Teresa A. Sullivan, Elizabeth Warren and Jay Lawrence Westbrook. New York: Oxford University Press, 1989. pp. xii, 370. $29.95. Reviewed by Michael J. Herbert* Bankruptcy may soon join death and taxes as an inevitable con-sequence of human life.
- Michael J. Herbert
- 1990
Is this dramatic growth a result of mushrooming debt or does it reflect a moral decline that permits the middle class to evade their debts? As We Forgive Our Debtors addresses these...
- Beard Books, 1999
- illustrated, reprint
Jan 1, 1989 · We analyze the data from three studies of consumer bankruptcy over twenty years to learn more about the causes of that increase. One consistent claim has been that a decline in ...
Jan 1, 1999 · As We Forgive Our Debtors is a result of a landmark study of bankrupt debtors in the 1980s. The authors, three of the leading experts on bankruptcy in the United States, focus on who files for bankruptcy.
- Teresa A. Sullivan, Jay Lawrence Westbrook, Elizabeth Warren
mushrooming debt--consumer debt and consumer bankruptcy have both more than doubled since the late 1970s--or does it reflect a moreal decline that permits the middle class to evade their debts? As We Forgive Our Debtors addresses these questions with the data gathered in the largest empirical study. of consumer bankruptcy ever done in this country.
- (12)
- Hardcover
Attachment of wage as a way for creditors to enforce payment by unwilling or insolvent debtors is not very successful in several countries. Based on a dynamic model of debtor behaviour, this paper …
As We Forgive Our Debtors: Bankruptcy and Consumer Credit in America1. Teresa A. Sullivan, Elizabeth Warren, and Jay Lawrence Westbrook. This $250,000 study may be the most extensive...
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