Bankruptcy scars: the long term impact of clearing the deck
A 2012 study by Michelle Maroto at the University of Alberta found the effects of bankruptcy spill into the labor market. Using data from the National Longitudinal Survey of Youth, Maroto found that people who declare bankruptcy work fewer hours for …
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Here's a much better way for states to declare bankruptcy
Here's a much better way for states to declare bankruptcy. By Tim Fernholz — January 7, 2013. A map of the world's public debt compiled by the International Monetary Fund. International Monetary Fund. Here's a list of events from the past few years: …
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