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dc.contributor.authorCulhane, Marianne B.en_US
dc.contributor.authorWhite, Michaela M.en_US
dc.contributor.editorTabb, Charles J.en_US
dc.date.accessioned2015-11-09T15:56:38Z
dc.date.available2015-11-09T15:56:38Z
dc.date.issued1999en_US
dc.identifier.citationMarianne B. Culhane & Michaele M. White, Taking the New Consumer Bankruptcy Model for a Test Drive: Means-Testing Real Chapter 7 Debtors, 7 Am. Bankr. Inst. L. Rev. 27 (1999), reprinted in part in Bankruptcy Anthology (Charles J. Tabb ed., 2002).en_US
dc.identifier.issn1068-0861en_US
dc.identifier.issn1068-0861en_US
dc.identifier.urihttp://hdl.handle.net/10504/73191
dc.description.abstractSeveral bills pending in Congress would apply means-testing to Chapter 7 debtors, requiring those with apparent ability to repay to be dismissed from Chapter 7, leaving Chapter 13 as their main route to a discharge. Chapter 13 would require repayment over 5 years to prebankruptcy creditors.|The authors applied one proposed means-testing formula to a sample of 1043 Chapter 7 cases from seven states across the country. They found that only 3.6% of the debtors emerged as "can-pays" who would be barred from Chapter 7, and that unsecured creditors could expect to collect much less from such debtors than industry-sponsored studies have claimed. Further, the paper shows how predictable avoidance behavior, such as increasing secured debt and/or charitable contributions, could further reduce the number of "can-pays." Thus, the paper casts doubt on the efficacy of imposing burdensome additional requirements on all Chapter 7 debtors in order to bar 3.6% of those debtors from that chapter.en_US
dc.titleTaking the new Consumer Bankruptcy Model for a test drive: Means-testing real Chapter 7 debtorsen_US
dc.typeJournal Articleen_US
dc.rights.holderCopyright (c) 1999 Marianne B. Culhane, Michaela M. Whiteen_US
dc.description.volume7en_US
dc.title.workAmerican Bankruptcy Institute Law Reviewen_US
dc.description.pages27-77en_US
dc.subject.fastBankruptcyen_US
dc.subject.fastDebtor and creditoren_US
dc.subject.fastMeans testsen_US
dc.url.fasthttp://id.worldcat.org/fast/00826826en_US
dc.url.fasthttp://id.worldcat.org/fast/00888809en_US
dc.url.fasthttp://id.worldcat.org/fast/01013164en_US
dc.date.year1999en_US
dc.date.monthSpringen_US
dc.description.issue1en_US
dc.program.unitSchool of Lawen_US
dc.url.link3http://papers.ssrn.com/sol3/papers.cfm?abstract_id=168834en_US
dc.url.link1https://www.heinonline.org/HOL/Page?handle=hein.journals/abilr7&collection=journals&id=33en_US
dc.contributor.cuauthorCulhane, Marianne B.en_US
dc.contributor.cuauthorWhite, Michaela M.en_US
dc.identifier.viafhttp://viaf.org/viaf/83626260en_US
dc.identifier.viafhttp://viaf.org/viaf/83626153en_US
dc.identifier.isnihttp://isni.org/isni/000000005646661X
dc.identifier.wcihttp://www.worldcat.org/identities/lccn-no2009044366/en_US
dc.identifier.wcihttp://www.worldcat.org/identities/lccn-no200944353/en_US
dc.identifier.ssrnhttp://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=172930en_US
dc.identifier.ssrnhttp://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=172933en_US


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