Seeking relief: Bankruptcy and health outcomes of adult women

This study examined the impact of declaring consumer bankruptcy on the physical and mental health of adult women and if outcomes differed depending on whether the filer received automatic debt discharge under Chapter 7 compared to a debt repayment plan with Chapter 13. Sample data consisted of women...

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Main Author: Fenaba R. Addo
Format: Article
Language:English
Published: Elsevier 2017-12-01
Series:SSM: Population Health
Online Access:http://www.sciencedirect.com/science/article/pii/S2352827316300842
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author Fenaba R. Addo
author_facet Fenaba R. Addo
author_sort Fenaba R. Addo
collection DOAJ
description This study examined the impact of declaring consumer bankruptcy on the physical and mental health of adult women and if outcomes differed depending on whether the filer received automatic debt discharge under Chapter 7 compared to a debt repayment plan with Chapter 13. Sample data consisted of women from the NLSY79 cohort who completed the age 40 and 50 health modules as of the most recent wave. Results indicated a negative effect of bankruptcy on self-assessed health, whereas prior health history explained its negative relationship with depressive symptoms. Debt liquidation under Chapter 7 was associated with poor physical health relative to those who did not file and with depressive symptoms relative to Chapter 13 repayment plan filers. Poor health is an unintended consequence for women who seek financial relief through bankruptcy.
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spelling doaj.art-b30d6fe5112f487386df6911bf3ce9d62022-12-21T17:16:01ZengElsevierSSM: Population Health2352-82732017-12-013C32633410.1016/j.ssmph.2017.03.005Seeking relief: Bankruptcy and health outcomes of adult womenFenaba R. AddoThis study examined the impact of declaring consumer bankruptcy on the physical and mental health of adult women and if outcomes differed depending on whether the filer received automatic debt discharge under Chapter 7 compared to a debt repayment plan with Chapter 13. Sample data consisted of women from the NLSY79 cohort who completed the age 40 and 50 health modules as of the most recent wave. Results indicated a negative effect of bankruptcy on self-assessed health, whereas prior health history explained its negative relationship with depressive symptoms. Debt liquidation under Chapter 7 was associated with poor physical health relative to those who did not file and with depressive symptoms relative to Chapter 13 repayment plan filers. Poor health is an unintended consequence for women who seek financial relief through bankruptcy.http://www.sciencedirect.com/science/article/pii/S2352827316300842
spellingShingle Fenaba R. Addo
Seeking relief: Bankruptcy and health outcomes of adult women
SSM: Population Health
title Seeking relief: Bankruptcy and health outcomes of adult women
title_full Seeking relief: Bankruptcy and health outcomes of adult women
title_fullStr Seeking relief: Bankruptcy and health outcomes of adult women
title_full_unstemmed Seeking relief: Bankruptcy and health outcomes of adult women
title_short Seeking relief: Bankruptcy and health outcomes of adult women
title_sort seeking relief bankruptcy and health outcomes of adult women
url http://www.sciencedirect.com/science/article/pii/S2352827316300842
work_keys_str_mv AT fenabaraddo seekingreliefbankruptcyandhealthoutcomesofadultwomen