Bankruptcy
Bankruptcy

Author: Janet Lombardi

Publisher:

Published: 2017-06-06

Total Pages: 288

ISBN-13: 9781942762379

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When Janet Lombardi phoned her financial advisor on a gray January day in 2007, she discovered something frightening. Her husband, Josh, an attorney, had emptied accounts without her knowledge. Her advisor spoke bluntly to her: Get yourself a good accountant, attorney, and private eye. Bankruptcy: A Love Story, Lombardi's debut memoir, lays bare the financial and other infidelities in her marriage. It traces the story of her family's plunge into economic turmoil as Josh faces prosecution and prison. Set against the backdrop of September 11th, the memoir roller coasters through sexual desire, addiction, financial collapse, and squandered love. As wife and mother, Lombardi confronts her own desires and demons as she travels the road to survival and navigates questions of love and redemption. Bankruptcy: A Love Story adds a human face to the headlines and statistics about sub-prime mortgages and debt-financed living. In 2010, home foreclosures in the United States reached an all-time high with more than one million people losing their homes. Americans have suffered the effects of these tough economic times, but few have captured the frightening ride in such detail. Bankruptcy: A Love Story takes the reader down the well and back up into the light. Ultimately, that road back is lined with painful choices, desperate moves, and the knowledge that letting go provides the only real answer.

Want
Want

Author: Lynn Steger Strong

Publisher: Henry Holt and Company

Published: 2020-07-07

Total Pages: 224

ISBN-13: 1250247535

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Named a Best Book of 2020 by Time Magazine, The Los Angeles Times, NPR, Vulture, The New Yorker, and Kirkus Grappling with motherhood, economic anxiety, rage, and the limits of language, Want is a fiercely personal novel that vibrates with anger, insight, and love. Elizabeth is tired. Years after coming to New York to try to build a life, she has found herself with two kids, a husband, two jobs, a PhD—and now they’re filing for bankruptcy. As she tries to balance her dream and the impossibility of striving toward it while her work and home lives feel poised to fall apart, she wakes at ungodly hours to run miles by the icy river, struggling to quiet her thoughts. When she reaches out to Sasha, her long-lost childhood friend, it feels almost harmless—one of those innocuous ruptures that exist online, in texts. But her timing is uncanny. Sasha is facing a crisis, too, and perhaps after years apart, their shared moments of crux can bring them back into each other’s lives. In Want, Lynn Steger Strong explores the subtle violences enacted on a certain type of woman when she dares to want things—and all the various violences in which she implicates herself as she tries to survive.

Bankrupt in America
Bankrupt in America

Author: Mary Eschelbach Hansen

Publisher: University of Chicago Press

Published: 2020-02-05

Total Pages: 237

ISBN-13: 022667973X

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In 2005, more than two million Americans—six out of every 1,000 people—filed for bankruptcy. Though personal bankruptcy rates have since stabilized, bankruptcy remains an important tool for the relief of financially distressed households. In Bankrupt in America, Mary and Brad Hansen offer a vital perspective on the history of bankruptcy in America, beginning with the first lasting federal bankruptcy law enacted in 1898. Interweaving careful legal history and rigorous economic analysis, Bankrupt in America is the first work to trace how bankruptcy was transformed from an intermittently used constitutional provision, to an indispensable tool for business, to a central element of the social safety net for ordinary Americans. To do this, the authors track federal bankruptcy law, as well as related state and federal laws, examining the interaction between changes in the laws and changes in how people in each state used the bankruptcy law. In this thorough investigation, Hansen and Hansen reach novel conclusions about the causes and consequences of bankruptcy, adding nuance to the discussion of the relationship between bankruptcy rates and economic performance.

Detroit Resurrected: To Bankruptcy and Back
Detroit Resurrected: To Bankruptcy and Back

Author: Nathan Bomey

Publisher: W. W. Norton & Company

Published: 2016-04-25

Total Pages: 347

ISBN-13: 0393248925

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What happens when an iconic American city goes broke? At exactly 4:06 p.m. on July 18, 2013, the city of Detroit filed for bankruptcy. It was the largest municipal bankruptcy in American history—the Motor City had finally hit rock bottom. But what led to that fateful day, and how did the city survive the perilous months that followed? In Detroit Resurrected, Nathan Bomey delivers the inside story of the fight to save Detroit against impossible odds. Bomey, who covered the bankruptcy for the Detroit Free Press, provides a gripping account of the tremendous clash between lawyers, judges, bankers, union leaders, politicians, philanthropists, and the people of Detroit themselves. The battle to rescue this iconic city pulled together those who believed in its future—despite their differences. Help came in the form of Republican governor Rick Snyder, a technocrat who famously called himself “one tough nerd”; emergency manager Kevyn Orr, a sharp-shooting lawyer and “yellow-dog Democrat”; and judges Steven Rhodes and Gerald Rosen, the key architects of the grand bargain that would give the city a second chance at life. Detroit had a long way to go. Facing a legacy of broken promises, the city had to seek unprecedented sacrifices from retirees and union leaders, who fought for their pensions and benefits. It had to confront the consequences of years of municipal corruption while warding off Wall Street bond insurers who demanded their money back. And it had to consider liquidating the Detroit Institute of Arts, whose world-class collection became an object of desire for the city’s numerous creditors. In a tight, suspenseful narrative, Detroit Resurrected reveals the tricky path to rescuing the city from $18 billion in debt and giving new hope to its citizens. Based on hundreds of exclusive interviews, insider sources, and thousands of records, Detroit Resurrected gives a sweeping account of financial ruin, backroom intrigue, and political rebirth in the struggle to reinvent one of America’s iconic cities.

Republic of Debtors
Republic of Debtors

Author: Bruce H Mann

Publisher: Harvard University Press

Published: 2009-06-30

Total Pages: 353

ISBN-13: 0674040546

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Debt was an inescapable fact of life in early America. At the beginning of the eighteenth century, its sinfulness was preached by ministers and the right to imprison debtors was unquestioned. By 1800, imprisonment for debt was under attack and insolvency was no longer seen as a moral failure, merely an economic setback. In Republic of Debtors, authorBruce H. Mann illuminates this crucial transformation in early American society.

The Hell of the English
The Hell of the English

Author: Barbara Weiss

Publisher: Bucknell University Press

Published: 1986

Total Pages: 234

ISBN-13: 9780838750995

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This book identifies and traces bankruptcy as an archetypal experience of the Victorian age and as a major metaphor in the language, imagery, and structure of the Victorian novel. With reference to selected works by Eliot, Bronte, Gaskell, Dickens, and Thackeray, it presents the range of symbolic meanings of the bankruptcy metaphor.

Ocean Bankruptcy
Ocean Bankruptcy

Author: Stephen Sloan

Publisher: Globe Pequot

Published: 2003

Total Pages: 318

ISBN-13:

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This is a global issue that can no longer be avoided.

Bankrupt
Bankrupt

Author: Terence Halliday

Publisher: Stanford University Press

Published: 2009-04-20

Total Pages: 537

ISBN-13: 0804760756

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Through the lens of the Asian Financial Crisis, this book documents how international organizations and national governments crafted legal responses, through corporate bankruptcy reforms, to the fragility of financial markets in East Asia and worldwide.

Ruin: A Novel of Flyfishing in Bankruptcy
Ruin: A Novel of Flyfishing in Bankruptcy

Author: Leigh Seippel

Publisher: Simon and Schuster

Published: 2022-09-27

Total Pages: 322

ISBN-13: 1947951610

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Ruin is a thoroughly engrossing novel about a young couple’s struggle back from financial catastrophe that so many of us dread. Having fled their urban life, they begin to build a new life together in a rural setting, far from former friends and colleagues—only to have it fall apart all over again in ways that could never be predicted. Frank Campbell, a thirty-something former founding owner of a high-flying New York City-based hedge fund, has gone bankrupt, losing not only all his own money but the entire inherited fortune of his artist wife, Francy. The couple take refuge in an abandoned Hudson Valley farm shared with a resident herd of congenial goats. Frank is deeply shaken by the life-changing loss that has so thoroughly ruined their life together. Frank tries to build a new microbrewery business on a shoestring but is haunted by the memory of passages from literature he revered as an undergraduate at Yale before jumping into finance. For Francy, her altered circumstances, after a lifetime of privilege, have galvanized her work as an artist and she distances herself from her struggling husband. In the midst of it all, Frank takes up fly fishing on the nearby river, aspiring to join the local fishing club. Tragedy ensues during a fishing contest, further framing Frank as a “loser loner” in life. Only when he turns to fly fishing in earnest, traveling the world in search of the ever more perfect and elusive trout (and one memorable carp), does he find his way forward in “the yowling madness” of the world.