9780226679563-022667956X-Bankrupt in America: A History of Debtors, Their Creditors, and the Law in the Twentieth Century (Markets and Governments in Economic History)

Bankrupt in America: A History of Debtors, Their Creditors, and the Law in the Twentieth Century (Markets and Governments in Economic History)

ISBN-13: 9780226679563
ISBN-10: 022667956X
Edition: First
Author: Hansen, Mary Eschelbach, Hansen, Bradley A.
Publication date: 2020
Publisher: University of Chicago Press
Format: Hardcover 224 pages
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Book details

ISBN-13: 9780226679563
ISBN-10: 022667956X
Edition: First
Author: Hansen, Mary Eschelbach, Hansen, Bradley A.
Publication date: 2020
Publisher: University of Chicago Press
Format: Hardcover 224 pages

Summary

Acknowledged authors Hansen, Mary Eschelbach, Hansen, Bradley A. wrote Bankrupt in America: A History of Debtors, Their Creditors, and the Law in the Twentieth Century (Markets and Governments in Economic History) comprising 224 pages back in 2020. Textbook and eTextbook are published under ISBN 022667956X and 9780226679563. Since then Bankrupt in America: A History of Debtors, Their Creditors, and the Law in the Twentieth Century (Markets and Governments in Economic History) textbook was available to sell back to BooksRun online for the top buyback price or rent at the marketplace.

Description

In 2005, more than two million Americans—six out of every 1,000 people—filed for bankruptcy. Though personal bankruptcy rates have since stabilized, bankruptcy remains an important tool for the relief of financially distressed households. In Bankrupt in America, Mary and Brad Hansen offer a vital perspective on the history of bankruptcy in America, beginning with the first lasting federal bankruptcy law enacted in 1898.

Interweaving careful legal history and rigorous economic analysis, Bankrupt in America is the first work to trace how bankruptcy was transformed from an intermittently used constitutional provision, to an indispensable tool for business, to a central element of the social safety net for ordinary Americans. To do this, the authors track federal bankruptcy law, as well as related state and federal laws, examining the interaction between changes in the laws and changes in how people in each state used the bankruptcy law. In this thorough investigation, Hansen and Hansen reach novel conclusions about the causes and consequences of bankruptcy, adding nuance to the discussion of the relationship between bankruptcy rates and economic performance.

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