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Remarks on the Operation and Consequences of the Laws for the Recovery of Debts; In a Series of Letters

Remarks on the Operation and Consequences of the Laws for the Recovery of Debts; In a Series of Letters


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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1806. Excerpt: ... and, at the expiration of that time, preclude arty Jiviskri of property among his Creditors. But in no case Where a Debtor is confined for a sum exceeding 300/. can he be" constrained to deliver up his property for the benefit of his Creditors; and the man who has contracted enormous Debts, andv possesses ample funds to liquidate them," can' preserve his fortune, defraud his Creditors, and live in luxury and dissipation, even within the Rules or walls of a prison. It would essentially conduce to the interests of Creditors, if the law enabled them, under certain regulations, at the commencement of the suit, to compel the surrender of the property of Insolvent Debtors. The'honest' and unfortunate would experience a proud satisfaction in' repairing, to the utmost of their power, the injuries which they have occasioned; and the machinations of secret villany would be repressed and frustrated, if a fraudulent, unprincipled Debtor were constrained to deliver up his property. It might at least be expected, that if a' Debtor wbuldj at the commencement of a suit, acknowledge the justice and equity of the claim against him, and fairly and' honourably surrender his property fof the benefit of his creditors, he should be discharged, or at least consigned to a limited period of imprisonment; and that during the time he continued in confinement, he should be' allowed a trifling stipend, sufficient to procure a moderate subsistence. According to the present practice, a man may be arrested for even so small a sum as ten pounds, and continue in prison more than a twelvemonth, before he can obtain the wretched allowance of sixpence per diem, under the provisions of the Lords' Act. During a whole year, he must drag on a wretched existence, frequently without food, and expos...


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Product Details
  • ISBN-13: 9781151495570
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 30
  • Spine Width: 2 mm
  • Width: 189 mm
  • ISBN-10: 1151495573
  • Publisher Date: 01 Feb 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 73 gr


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Remarks on the Operation and Consequences of the Laws for the Recovery of Debts; In a Series of Letters
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