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

Authors

  • Albert A. Williams Nova Southeastern University
  • Scott E. Kehiaian Southern New Hampshire University
  • Carolyn L. Bird North Carolina State University

Keywords:

Business, Economics, Finance, Bankruptcy, Income, Budgeting, Insurance, Savings

Abstract

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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Published

2017-12-01

How to Cite

Williams, A. A., Kehiaian, S. E., & Bird, C. L. (2017). Differences in Financial Actions between Chapter 13 Bankruptcy Filers and Non-filers. Journal of Applied Business and Economics, 19(10). Retrieved from https://articlegateway.com/index.php/JABE/article/view/771

Issue

Vol. 19 No. 10 (2017)

Section

Articles

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