Shielding of assets and lending contracts

Yonathan A. Arbel

International Review of Law and Economics, 2016, vol. 48, issue C, 26-35

Abstract: The primary means of enforcement of legal liabilities is through the seizure of debtors’ assets. However, debtors can shield their assets in various ways and thereby reduce the power of enforcement. This paper studies the circumstances under which a debtor would choose to shield assets and the value of assets that would be shielded.

Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:eee:irlaec:v:48:y:2016:i:c:p:26-35

DOI: 10.1016/j.irle.2016.08.001

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