V. Markham Lester
- Published in print:
- 1995
- Published Online:
- October 2011
- ISBN:
- 9780198205180
- eISBN:
- 9780191676536
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198205180.003.0005
- Subject:
- History, British and Irish Modern History, Economic History
This chapter examines the Parliament's decision to abandon the creditor-managed system of bankruptcy administration in England in 1883. During this period, most of the reforms that extended the role ...
More
This chapter examines the Parliament's decision to abandon the creditor-managed system of bankruptcy administration in England in 1883. During this period, most of the reforms that extended the role of government in the supervision of the bankruptcy system had widespread support and they were for the most part uncontroversial. In addition, the influence of business organizations opposing ‘officialism’ was not as great as it had been in 1869 because of the failure of the creditor-managed system that they had previously supported.Less
This chapter examines the Parliament's decision to abandon the creditor-managed system of bankruptcy administration in England in 1883. During this period, most of the reforms that extended the role of government in the supervision of the bankruptcy system had widespread support and they were for the most part uncontroversial. In addition, the influence of business organizations opposing ‘officialism’ was not as great as it had been in 1869 because of the failure of the creditor-managed system that they had previously supported.
V. Markham Lester
- Published in print:
- 1995
- Published Online:
- October 2011
- ISBN:
- 9780198205180
- eISBN:
- 9780191676536
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198205180.003.0008
- Subject:
- History, British and Irish Modern History, Economic History
This chapter sums up the key findings of this study on insolvency law reform in England during the 19th century and provides some observations about the legacy of the Bankruptcy Act of 1883. It ...
More
This chapter sums up the key findings of this study on insolvency law reform in England during the 19th century and provides some observations about the legacy of the Bankruptcy Act of 1883. It highlights the role of the Act in the growth and impact of the government on bankruptcy administration and its influence on bankruptcy legislation in other countries. This study concludes that financial failure was indeed a significant problem Victorian English society and that it was effectively addressed with the reform of the bankruptcy system and the abolition of imprisonment for debt.Less
This chapter sums up the key findings of this study on insolvency law reform in England during the 19th century and provides some observations about the legacy of the Bankruptcy Act of 1883. It highlights the role of the Act in the growth and impact of the government on bankruptcy administration and its influence on bankruptcy legislation in other countries. This study concludes that financial failure was indeed a significant problem Victorian English society and that it was effectively addressed with the reform of the bankruptcy system and the abolition of imprisonment for debt.
