Thank You and a Welcome

First, we have to thank Oren Bar-Gill of New York University School of Law for taking the time to share his thoughts with us. Bar-Gill has already made important contributions to our understanding of how consumers make decisions surrounding consumer credit. I hope Credit Slips readers enjoyed his original and creative ideas about possible reforms to the consumer credit market.

Second, we want to welcome Professor Francisco Javier Arias Varona of the Universidad Rey Juan Carlos in Madrid, Spain. Professor Arias will spend some time with us, offering Credit Slips readers an European perspective on consumer credit and bankruptcy. The Spanish experience with both consumer credit and consumer bankruptcy is far different than what we have seen in the United States. We hope Credit Slips readers will find his comparative views both informative in their own right and also helpful in assessing possible reforms both in the U.S. and Europe.