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Description and Holding Information
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House. Comm. on the Judiciary. Act for relief of insolvent debtors, 1832
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SEE ALSO 52362 An Act for the relief of insolvent debtors with the amendments proposed by the Committee on the Judiciary. Boston : Dutton &
Wentworth, 1832. This bill had been passed by the Senate. Any debtor who wanted to use the act had to apply in writing to the local Probate Judge
explaining his inability to pay and putting all his assets in the hands of the court. The Judge appointed a person to take possession of everything,
especially the financial records. There was appropriate notice and the Judge presided over a meeting of the creditors. Each had to prove his claim to the
satisfaction of the Judge. There was a second creditors meeting in case someone missed the first. There were many pages about the types of debt and
types of assets and various situations that might arise. Once the creditors were paid as much as was available, the Judge gave the debtor a certificate
about the process that told anyone who cared that the debtor had done his best. The text of the certificate was included. Absolutely meticulous
records were required. There were pages on various contingencies, a list of fees, and what to do about partnership insolvency that topped out at 32
pages. On February 25, 1832, the House Judiciary Committee sent a Schedule of Amendments of two and a half pages with many technical changes. (Digitized
from a microfilm copy of title originally held by the Massachusetts State Library).
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Title:
An act for the relief of insolvent debtors : with the amendments proposed by the Committee on the Judiciary.
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OCLC Number:
1395924357
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Available Volumes
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| Name | Fiche Count | Online | Paper Backup |
| Vol. 1 | | Yes | No |
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