This Article on the French law continues a study of European consumer debt-relief systems, which the author began previously in an article on the German system. With rapid legal and practical developments in consumer debt-relief law, Europe provides an excellent comparative legal laboratory for observing the potential benefits and pitfalls of consumer bankruptcy reforms. In particular, French and German experiences with long-term payment plans shed useful light on the great debate raging in the United States over similar plans.
Jason J. Kilborn,
La Responsabilisation de L'economie: What the United States Can Learn from the New French Law on Consumer Overindebtedness,
Mich. J. Int'l L.
Available at: http://repository.law.umich.edu/mjil/vol26/iss2/3