Search results
Results from the WOW.Com Content Network
The Debtors Act 1869 significantly reduced the ability of the courts to detain those in debt, although some provisions were retained. Debtors who had the means to repay their creditors but refused to do so could still be imprisoned, [3] as could those who defaulted on payments to the court. [9] Further reform followed through the Bankruptcy Act ...
Debtors' Prison Relief Act of 1792 was a United States federal statute enacted into law by the first President of the United States George Washington on May 5, 1792. The Act of Congress established penal regulations and restrictions for persons jailed for property debt, tax evasion , and tax resistance .
The Debtors' Act 1869 (32 & 33 Vict. c. 62) limited the ability of the courts to sentence debtors to prison, but it did not entirely prohibit them from doing so. Debtors who had the means to pay their debt, but did not do so, could still be incarcerated for up to six weeks, as could those who defaulted on debts to the court. [18]
The history of bankruptcy law in the United States refers primarily to a series of acts of Congress regarding the nature of bankruptcy.As the legal regime for bankruptcy in the United States developed, it moved from a system which viewed bankruptcy as a quasi-criminal act, to one focused on solving and repaying debts for people and businesses suffering heavy losses.
The Escape of Debtors, etc. Act 1696 was an Act of the Parliament of England (8 & 9 Will. 3.c. 27), the long title of which is An Act For the more effectual relief of creditors in cases of escapes, and for preventing abuses in prisons and pretended privileged places.
The Insolvent Debtors (England) Act 1813 [1] [2] (53 Geo. 3. c. 102) was an act of Parliament passed by the United Kingdom Parliament in 1813, during the reign of King George III. It was enacted in response to the demands on the prison system imposed by the numbers of those being incarcerated for debt, and some concern for their plight.
The Bankruptcy Act 1869 (32 & 33 Vict. c. 71) was an act of the Parliament of the United Kingdom. Section 32 established the first statutory regime for preferential debts in bankruptcy, between local rates, taxes, wages and salaries of clerks, servants, labourers and workers.
Debtors Act 1869. Description: English: An Act for the Abolition of Imprisonment for Debt, for the punishment of fraudulent debtors, and for other purposes.