The insolvency choice during an economic crisis: the case of Canada

Total insolvencies filed by Canadian Households reached a record number in 2009 when close to 152,000 individuals sought the protection of the Bankruptcy and Insolvency Act. This paper aims to investigate the factors that dictate the choice of insolvent debtors during an economic crisis, by comparin...

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Bibliographic Details
Main Authors: Wilner Predelus, Samir Amine
Format: Article
Language:English
Published: AIMS Press 2022-12-01
Series:Quantitative Finance and Economics
Subjects:
Online Access:https://www.aimspress.com/article/doi/10.3934/QFE.2022029?viewType=HTML