Forum-Shopping and Personal Bankruptcy 1

  title={Forum-Shopping and Personal Bankruptcy 1},
  author={Ronel Elul and Narayanan Subramanian},
This revision: March 2002 Abstract The dramatic increase in U.S. personal bankruptcy filings of the last fifteen years has focused attention on the wide disparities between different states’ personal bankruptcy exemptions. These differences have been criticized both on the grounds of equity and also because they provide an incentive to move to a state with a higher exemption before declaring bankruptcy, that is to forum-shop. This paper focuses on the latter of these objections. Using data from… CONTINUE READING


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