Bankruptcy

About The Book

A Decade After The Global Financial Crisis And Great Recession Developed Economies Continue To Struggle Under Excessive Household Debt. While Exacerbating Inequality And Political Unrest This Debt - When Combined With Wage Stagnation And A Shrinking Welfare State - Has Played A Key Role In Maintaining Economic Growth And Allowing Households Faced With Rising Costs Of Living To Make Ends Meet. In Bankruptcy: The Case For Relief In An Economy Of Debt Joseph Spooner Examines This Economic Model And Finds It Increasingly Unsustainable. In A Call To Action To Reduce Debt Burden He Turns To Bankruptcy Law Which Is Uniquely Situated As A Mechanism Of Social Insurance Against The Risks Of A Debt-Dependent Economy. This Book Should Be Read By Anyone Interested In Understanding The Problem Of Consumer Debt And How Best To Address It.
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