Differences in Financial Actions between Chapter 13 Bankruptcy Filers and Non-filers

We determine that there are significant differences in 21 of 28 financial actions between Chapter 13 bankruptcy filers and non-filers living in the Middle District of North Carolina. The significant financial actions fall in the following areas: goal planning, income, budgeting, purchasing, insuranc...

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Veröffentlicht in:The journal of applied business and economics 2017-12, Vol.19 (10), p.136-155
Hauptverfasser: Williams, Albert A, Kehiaian, Scott E, Bird, Carolyn L
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creator Williams, Albert A
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Bird, Carolyn L
description We determine that there are significant differences in 21 of 28 financial actions between Chapter 13 bankruptcy filers and non-filers living in the Middle District of North Carolina. The significant financial actions fall in the following areas: goal planning, income, budgeting, purchasing, insurance, credit, savings, retirement, and mortgages. The results of this study can be used to get a deeper insight into bankruptcy characteristics. They can also be used to restructure financial literacy education efforts to reduce personal bankruptcy.
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ispartof The journal of applied business and economics, 2017-12, Vol.19 (10), p.136-155
issn 1499-691X
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source Business Source Complete
subjects Attitudes
Bankruptcy
Credit management
Debt
Education
Families & family life
Financial counseling
Financial literacy
Financial management
Households
Mortgages
Personal bankruptcy
Questionnaires
Ratios
Retirement planning
Self control
Studies
title Differences in Financial Actions between Chapter 13 Bankruptcy Filers and Non-filers
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