Edward M. Flynn

High-debt Debtors

Each year since 1998, the Executive Office for U.S. Trustees (EOUST) has collected 2,000 randomly selected chapter 7 no-asset cases from across the country. All of these cases were filed, processed and closed as non-business consumer cases. Data extracted from the

Consumer Bankruptcy Jan 11, 2017

Be It Ever So Humble Theres No Place Like Home

In this article, we report on home ownership among no-asset chapter 7 debtors. The report is based on 5,832 non-business chapter 7 cases that were closed between 1999 and 2001. 3 We classified each debtor as an owner or a non-owner based on information in Schedules A, C