This paper empirically and theoretically analyzes the effect of debt reductions that reduce long-term but not short-term obligations. Isolating the effect of future…
Daniel McCue, Eric Belsky, Melissa Jacoby, Margaret Nipson
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April 5, 2010
Homeowners have long sought debt relief in the federal bankruptcy courts, but they take different paths to reach that point. For some, home mortgage problems are a…
W10-2: As housing markets across the country continue to struggle to bounce back from the recent housing crisis, ever-increasing instances of foreclosures remain a…