Bankruptcy Reform Act of 1978 - A Before and After Look

摘要

This report examines personal bankruptcies filed before and after the Bankruptcy Reform Act of 1978 went into effect on October 1, 1979. The report addresses the personal and financial characteristics of debtors filing personal bankruptcies before and after October 1, 1979, the relationship between personal bankruptcies and selected social and economic variables, and the potential impact of various modifications to the personal bankruptcy process.