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Insolvent Debtors Act 1842

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The Insolvent Debtors Act 1842 was an Act of the Parliament of the United Kingdom of Great Britain and Ireland.

Content

Any person not being a trader, or being a trader and owing less than £300, could obtain a protection order from the Court of Bankruptcy or a District Court of Bankruptcy staying all process against him on condition of vesting all his property in an official assignee.

References

Insolvent Debtors Act 1842 Wikipedia