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Personal Bankruptcy: The Credit Research Center and Ernst & Young Reports on Debtors' Ability to Pay

T-GGD-98-79 Published: Mar 12, 1998. Publicly Released: Mar 12, 1998.
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Highlights

GAO discussed the results of its review of the Credit Research Center report on personal bankruptcy debtors' ability to pay their debts and observations on the February 1998 Ernst & Young report that also examines debtors' ability to pay.

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Full Report (14 pages)

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Topics

Justice and Law Enforcement
BankruptcyData integrityDebtDebt collectionFinancial analysisFinancial managementIncome statisticsPayPersonal liability (legal)Proposed legislationStatistical methodsDebt repayment