Knowledge

Debtors Act 1869

Source πŸ“

217:, the concepts of credit and debt were closely linked to that of a person's character. Credit was not only determined based on a person's assets and income, but also their social status within the community and their adherence to the moral standards of the time. Going into debt was seen as a moral failure, not merely an economic circumstance, and it was punished accordingly. This system typically favoured the upper classes. It was more difficult for the working classes to obtain credit; and if they went into debt, the penalties they incurred were more severe than those issued to the upper classes. County court judges, who presided over debt and bankruptcy cases, often issued rulings based on the belief that the working classes defaulted on their debts deliberately. In contrast, the upper classes were seen as having an honest desire to repay their debt and were given more lenient treatment. 48: 196:. Approximately 10,000 people were imprisoned for debt each year during the nineteenth century. However, a prison term did not alleviate a person’s debt; typically, it was required that the creditor be repaid in-full before an inmate was released. Acts of Parliament in 1831 and 1861 had begun the process of reform in this area, but further reform was felt necessary. Among the advocates for debtor's reform was 224:
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, as could those who defaulted on payments to the court. Further
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Declaring bankruptcy allowed a debtor to avoid prison, but this was not an option available to everyone. Until 1861 it was limited to the merchant class. Furthermore, the cost of filing for bankruptcy was Β£10, which represented 10-20% of the average annual income for the common worker in the
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An Act for the Abolition of Imprisonment for Debt, for the punishment of fraudulent debtors, and for other purposes.
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In England, debtors owing money could be easily detained by the courts for indefinite periods, being kept in
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Hunt, Aeron (June 2012). "The Authoritative Medium: George Eliot, Ruin, and the Rationalized Market".
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Johnson, Paul (May 1996). "Creditors, Debtors and the Law in Victorian and Edwardian England".
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Much of the act has been repealed, but some provisions, such as section 5 relating to the
197: 2708: 177: 17: 2905: 214: 202: 200:, who, at the age of 12, saw his father sentenced to debtors' prison. Dickens’ novel 520: 446: 295:
Ware, Stephen J. (July 2014). "A 20th Century Debate About Imprisonment for Debt".
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Andrews, Arlene B. (October 2012). "Charles Dickens, Social Worker in His Time".
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Rajak, Harry. (2008) "The culture of bankruptcy," in Omar (ed) (2008).
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was written to encourage debt reform and was set in the
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International insolvency law: themes and perspectives.
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that aimed to reform the powers of courts to detain
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An Act of Parliament from the United Kingdom in 1869
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was conferred on this Act by section 1 of this Act.
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Stationery Office. pp. 33–35. 316: 1548:Great Britain and Ireland and the United 256: 2912:United Kingdom Acts of Parliament 1869 483:Judicial Statistics, England and Wales 88:Does not extend to Scotland or Ireland 2798:Acts of the Northern Ireland Assembly 146:Text of statute as originally enacted 7: 2869:United Kingdom statutory instruments 426: 424: 422: 420: 290: 288: 262: 260: 153:Revised text of statute as amended 25: 333:"In a nutshell: Debtors' Prisons" 297:American Journal of Legal History 53:Parliament of the United Kingdom 46: 2770:Acts of the Scottish Parliament 2874:Scottish statutory instruments 1: 2891:Church of England instruments 570:Pre-parliamentary legislation 601:the Kingdom of Great Britain 411:10.1080/13555502.2012.670370 399:Journal of Victorian Culture 225:reform followed through the 2928: 499:Omar, Paul J. 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Index

Debtors' Act 1869
Parliament of the United Kingdom
Long title
Citation
32 & 33 Vict.
Royal assent
Debtors Act 1878
41 & 42 Vict.
Text of statute as originally enacted
Revised text of statute as amended
32 & 33 Vict.
Act
Parliament
United Kingdom of Great Britain and Ireland
debtors
debtor's prisons
Charles Dickens
Little Dorrit
Marshalsea
Victorian England
Bankruptcy Act 1883
judgment summons
UK insolvency law


short title
section 2


doi

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