We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
First Time Versus Repeat Filers: The Likelihood of Completing a Chapter 13 Bankruptcy Repayment Plan.
- Authors
Loibl, Cäzilia; Hira, Tahira K.; Rupured, Michael
- Abstract
Factors that explain the likelihood of completing a Chapter 13 repayment plan were identified. Using data from 489 Georgia participants who completed a 3-hour workshop, how factors differed for first-time and repeat filers were investigated. Results indicated that repeat filers were more likely than first-time filers to start an emergency fund, to reduce spending, and to write a spending plan. For repeat filers, six of seven recommended financial management practices were related to the likelihood of completing the Chapter 13 plan. For first-time filers, one practice, organization of financial records, was related to a higher likelihood to complete the Chapter 13 plan. Financial knowledge scores were not related to the likelihood of plan completion for either group.
- Subjects
GEORGIA; BANKRUPTCY; FINANCIAL management; REPAYMENTS; CORPORATE finance; FINANCE
- Publication
Journal of Financial Counseling & Planning, 2006, Vol 17, Issue 1, p23
- ISSN
1052-3073
- Publication type
Article