Findings from London School of Economics Yields New Findings on Law and Society (Seeking Shelter in Personal Insolvency Law: Recession, Eviction, and…

Findings from London School of Economics Yields New Findings on Law and Society (Seeking Shelter in Personal Insolvency Law: Recession, Eviction, and Bankruptcy's Social Safety Net)

By a News Reporter-Staff News Editor at Politics & Government Week -- A new study on Legal Issues - Law and Society is now available. According to news reporting originating from London, United Kingdom, by VerticalNews editors, the research stated, "Many legal systems understand consumer insolvency laws as social insurance, providing relief and a 'fresh start' to over-indebted households who fall through gaps in the social safety net. Personal insolvency law in England and Wales in practice functions similarly, but in terms of legal principle and policy is ambivalent - sometimes emphasizing household debt relief other times creditor wealth maximization."

Our news editors obtained a quote from the research from the London School of Economics, "This article assesses, in the context of novel debt problems brought to prominence by recession and austerity, the extent to which the law has embraced personal insolvency's social insurance function. The discussion is framed particularly by the escalating United Kingdom housing crisis and the case of Places for People v. Sharpies concerning consumer bankruptcy's (non)protection of debtors from eviction."

According to the news editors, the research concluded: "The analysis illustrates how tensions between conceptual understandings and personal insolvency law's practical operation undermine the law's ability to fulfil its potential to produce positive policy responses to contemporary socio-economic challenges."

For more information on this research see: Seeking Shelter in Personal Insolvency Law: Recession, Eviction, and Bankruptcy's Social Safety Net. Journal of Law and Society, 2017;44(3):374-405. Journal of Law and Society can be contacted at: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA. (Wiley-Blackwell - www.wiley.com/; Journal of Law and Society - onlinelibrary.wiley.com/journal/10.1111/(ISSN)1467-6478)

The news editors report that additional information may be obtained by contacting J. Spooner, London Sch Econ, Dept. of Law, London WC2A 2AE, United Kingdom.

Keywords for this news article include: London, United Kingdom, Europe, Law and Society, Legal Issues, London School of Economics.

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