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Models of Consumer Bankruptcy: Implications for Research and Policy

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Abstract

The author explores three models of individual bankruptcy law which might provide some guidance for analysing policy and for posing further research questions in relation to bankruptcy as a legal and social institution. The models are: (1) Bankruptcy law as a response to deviant behaviour; (2) Bankruptcy as consumer protection; (3) Bankruptcy as social welfare law. Some tentative thoughts are also offered on the comparative analysis of consumer bankruptcy as a focus for understanding relationships between legal and social norms.

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Ramsay, I. Models of Consumer Bankruptcy: Implications for Research and Policy. Journal of Consumer Policy 20, 269–287 (1997). https://doi.org/10.1023/A:1006854416706

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