News•Apr 2, 2026
It’s All Debt to Me
Professor Kate Elengold’s paper “It’s All Debt to Me” maps the fragmented U.S. debt‑law landscape across public‑vs‑private and voluntary‑vs‑involuntary axes, revealing why four borrowers each owing $15,000 face markedly different legal outcomes. The framework visualizes how statutes, case law, and regulations converge into a “law of individual debt.” It explains disparate treatment—from bankruptcy discharge to aggressive collection—based on debt classification. The visual model also aids educators teaching complex financial law.
