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Personal Bankruptcy: Analysis of Four Reports on Chapter 7 Debtors' Ability to Pay

GGD-99-103 Published: Jun 21, 1999. Publicly Released: Jun 21, 1999.
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Highlights

Pursuant to a congressional request, GAO provided information on the methodologies used in four reports on bankruptcy debtors' ability to pay their debts--two by Ernst Young LLP, one by Creighton University, and one by the Executive Office for U.S. Trustees.

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BankruptcyComparative analysisDebtDebt collectionFinancial analysisIncome statisticsPayPersonal liability (legal)Proposed legislationStatistical methods