Number: 98-277
Title: BANKRUPTCY AND CREDIT CARD DEBT: IS THERE A CAUSAL RELATIONSHIP?
Authors: Mark Jickling, Economics Division 
Abstract: This report explores the relationship between credit card debt and the fast-growing rate of personal bankruptcy. Is the bankruptcy code so biased towards debtors that it encourages irresponsible and/or fraudulent credit card borrowing, or have lenders themselves been reckless in issuing credit cards to households with limited financial resources and sophistication?
Pages: 17
Date: Updated March 19, 1998