The bankruptcy myth

Bankruptcy is supposed to help people get back on their feet after a difficult financial patch. But new research suggests that people don't recover as easily as all that. In the next "voices of Economic Experience" series two experts on bankruptcy and consumer debt talk about what years of study tell us about how we're handling the burden of too much owed.

Guests

• Katie Porter: Associate professor at the University of Iowa College of Law. She's a member of the Bankruptcy Data Project, led by Elizabeth Warren at Harvard University.
• Robert Lawless: Professor at the University of Illinois College of Law. He is a member of the Bankruptcy Data Project, which studies people who file for bankruptcy over years.

Resources

• Credit Slips Blog
• About Katie Porter
• About Robert Lawless
• Bankruptcy Data Project