Personal Bankruptcy Law, Fresh Starts, and Judicial Practice
Eric Langlais () and
No 2011-15, EconomiX Working Papers from University of Paris Nanterre, EconomiX
We explore the ways French judges respond to the possibility of discharging personal debts in exchange for liquidation of debtors’ assets. We present empirical results on the determinants of judicial selection between debtors whose debts are wiped out and those who have to reimburse them. We find that French judges tend to disqualify debtors with multiple creditors from debt discharge, and are sensitive to regional labor market conditions. These empirical results help us understand better how French personal bankruptcy laws perform compared to other national systems. Finally, our results serve to fill the gap between bankruptcy rules and judicial practice.
Keywords: Personal bankruptcy; over-indebtedness (search for similar items in EconPapers)
JEL-codes: G33 K29 (search for similar items in EconPapers)
Pages: 15 pages
New Economics Papers: this item is included in nep-law
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed
Downloads: (external link)
Journal Article: Personal Bankruptcy Law, Fresh Starts, and Judicial Practice (2013)
Working Paper: Personal bankruptcy law, fresh starts and judicial practice (2013)
Working Paper: Personal Bankruptcy Law, Fresh Starts, and Judicial Practice (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:drm:wpaper:2011-15
Access Statistics for this paper
More papers in EconomiX Working Papers from University of Paris Nanterre, EconomiX Contact information at EDIRC.
Bibliographic data for series maintained by Valerie Mignon ( this e-mail address is bad, please contact ).