This report complements our annual report by providing a mid-year snapshot of the personal insolvency system administered by AFSA under the Bankruptcy Act 1966.
An Empirical Analysis of Personal Bankruptcy and Delinquency
Abstract. This article uses a new dataset of credit card accounts to analyze credit card delinquency, personal bankruptcy, and the stability of credit risk
Declaring Systems Bankruptcy
For years and years, I’ve helped teams evaluate their systems, fix their systems, tweak their systems, and evolve their systems. And sometimes it’s even been necessary to help teams declare bankruptcy on their systems, blow them up, and start anew. And now it’s my turn. It started as a slow re
The Fiduciary Obligation
ROBERT FLANNIGAN; The Fiduciary Obligation, Oxford Journal of Legal Studies, Volume 9, Issue 3, 1 October 1989, Pages 285–322, https://doi.org/10.1093/ojls
Consumption, Debt, and Portfolio Choice: Testing the Effects of Bankruptcy Law
In the United States, consumer bankruptcy (Chapter 7 and Chapter 13) is designed to provide debtors a fresh start. Broadly speaking, after a household successfully files a bankruptcy petition, its unsecured debts are erased, but it must forfeit any assets above an exemption level determined by law. Laws regulating bankruptcy are a complex mix of state and federal rules. While the specific legal details are beyond the scope of this essay, in general, state laws set the exemption levels above which households forfeit assets; these range from exemptions as low as $75 to more than $100,000 (or, indeed, potentially unlimited levels).1
age verification – Action Center
State legislatures are attempting to shove AV bills through as quickly as possible and the past month has been extremely busy at FSC. Three Bills Have Passed Indiana, Idaho, and Florida passed laws mandating age verification in the last 30 days. We are currently evaluating our legal options in those states. Check our AV Mandate…
State Of The Bird: Thunderbird Annual Report 2023-2024 - The Thunderbird Blog
Let's dive into the details with the Thunderbird Annual Report 2023-2024 to see how we've grown and what we've accomplished in the past year.
Borrowing to Save? The Impact of Automatic Enrollment on Debt
ABSTRACT Does automatic enrollment into a retirement plan increase financial distress due to increased borrowing outside the plan? We study a natural experiment created when the U.S. Army began automatically enrolling newly hired civilian employees into the Thrift Savings Plan. Four years after hire, automatic enrollmentincreases cumulative contributions to the plan by 4.1% of annual salary, but we find little evidence ofincreased financial distress. Automatic enrollment causes no significant change in credit scores, debt balances excluding auto debt and first mortgages, or adverse credit outcomes, with the possible exception of increasedfirst‐mortgage balances in foreclosure.
Scenarios That Shape Our System - ATProtoFans Blog
Part 3 of our "Building Recurring Payments in Public" series where we give describe real-world scenarios based on our behaviors, constraints, and definitions.
2025: The year in LLMs
This is the third in my annual series reviewing everything that happened in the LLM space over the past 12 months. For previous years see Stuff we figured out about …
2025: The year in LLMs
This is the third in my annual series reviewing everything that happened in the LLM space over the past 12 months. For previous years see Stuff we figured out about …
A Theory of Fiduciary Liability – McGill Law Journal / Revue de droit de McGill – Érudit
An article from McGill Law Journal / Revue de droit de McGill, on Érudit.
What is the Semble Page
annotations: La BCE doit financer les déficits publics du COVID-19
Traduction française de Paul De Grauwe (2020), « The ECB must finance COVID-19 deficits »
annotations: Cela changerait-il les choses si la BCE annulait la dette qu’elle détient ?
Traduction française de Paul De Grauwe (2021), « Debt cancellation by the ECB. Does it make a difference? »
Principles of Retirement Tax-Planning - SWR Series Part 44 - Early Retirement Now
March 22, 2021 – It’s tax season in the U.S. right now! Even though that deadline has just been pushed back to May 17, taxes are on everybody’s mind, so this is a good time to write about the topic in the context of the Safe Withdrawal Rate Series. Until now, I haven’t written all that … Continue reading Principles of Retirement Tax-Planning – SWR Series Part 44
