Bankruptcy

Welcome to Lois Lupica

By Katie Porter

This week Credit Slips will feature posts from  Professor Lois Lupica. She is the Maine Law Foundation Professor of Law at the University of Maine Law School and counsel at Thompson & Knight LLP. Lupica's published works include writings about both business and consumer credit issues, including an early and important work on asset securitization and a piece on the effects of revised Article 9. My own personal favorite is the empirical study she authored with Jay Zagorsky on how debtors fare after bankruptcy. The study is sobering, suggesting that debtors may lag for a decade or more after filing behind similarly situated people who avoided bankruptcy. 

Professor Lupica is currently working on a large scale study of attorneys' fees in consumer bankruptcy cases. Funded by a grant from the ABI Endowment Fund, the study has already resulted in one piece, The Costs of BAPCPA: Report of the Pilot Study of Consumer Bankruptcy Case. I hope she will share more of her findings with Credit Slips. The increase in attorneys fees remains on the most enduring changes wrought by BAPCPA on the bankruptcy system. 

Welcome, Lois Lupica! 

Full post as published by Credit Slips on March 26, 2011 (boomark / email).