HCBE Faculty Articles

Financial Literacy and Characteristics of Chapter 13 Debtors

Document Type

Article

Publication Date

2012

Publication Title

International Journal of Business, Accounting, & Finance

ISSN or ISBN

1936-699X

Volume

6

Issue/Number

1

First Page

142

Abstract/Excerpt

The article presents a study which determined the association between Chapter 13 debtors' characteristics and financial literacy in the U.S. households. The study made use of multiple regression analysis in identifying important factors that affect financial literacy. Results identified the positive relationship between financial literacy and having financial training.

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