Collectie GB 0074 ACC/0549 - BANKRUPTCY COURT

Identificatie

referentie code

GB 0074 ACC/0549

Titel

BANKRUPTCY COURT

Datum(s)

  • 1660-1920 (Vervaardig)

Beschrijvingsniveau

Collectie

Omvang en medium

1.83 linear metres

Context

Naam van de archiefvormer

Biografie

Until 1841, the legal status of being a bankrupt was confined to traders owing more than £100 (this was reduced to £50 in 1842). Debtors who were not traders did not qualify to become bankrupt, but stayed as insolvent debtors, who were held responsible for their debts but unable to pay them, they remained subject to common law proceedings and indefinite imprisonment, if their creditors so wished. The legal definition of 'trader' came to include all those who made a living by buying and selling and included all those who bought materials, worked on them and then re-sold them. Those who wished to qualify as bankrupts, and thus avoid the awful fate of an insolvent debtor, sometimes gave a false or misleadingly general description of their occupations: "dealer and chapman" was very common.

The Bankruptcy Act of 1571 allowed commissioners of bankrupts to be appointed; so that a bankrupt could discharge his debts by sale of his assets, and then begin trading again with his debts cleared. The bankrupt's creditors would petition the Lord Chancellor to allow a commission of bankruptcy. These Commissioners were independent assessors who would decide whether the debtor was eligible for bankruptcy proceedings, and oversee the sale of his assets and repayment of his creditors. In 1832 the Court of Bankruptcy was established.

Source of information: The National Archives Research Guide "Legal Records Information 5: Bankrupts and Insolvent Debtors: 1710-1869" (available online).

archiefbewaarplaats

Geschiedenis van het archief

GB 0074 ACC/0549 1660-1920 Collection 1.83 linear metres Court of King's Bench x Court of Queen's Bench
Court of Exchequer
Court of Bankruptcy

Until 1841, the legal status of being a bankrupt was confined to traders owing more than £100 (this was reduced to £50 in 1842). Debtors who were not traders did not qualify to become bankrupt, but stayed as insolvent debtors, who were held responsible for their debts but unable to pay them, they remained subject to common law proceedings and indefinite imprisonment, if their creditors so wished. The legal definition of 'trader' came to include all those who made a living by buying and selling and included all those who bought materials, worked on them and then re-sold them. Those who wished to qualify as bankrupts, and thus avoid the awful fate of an insolvent debtor, sometimes gave a false or misleadingly general description of their occupations: "dealer and chapman" was very common.

The Bankruptcy Act of 1571 allowed commissioners of bankrupts to be appointed; so that a bankrupt could discharge his debts by sale of his assets, and then begin trading again with his debts cleared. The bankrupt's creditors would petition the Lord Chancellor to allow a commission of bankruptcy. These Commissioners were independent assessors who would decide whether the debtor was eligible for bankruptcy proceedings, and oversee the sale of his assets and repayment of his creditors. In 1832 the Court of Bankruptcy was established.

Source of information: The National Archives Research Guide "Legal Records Information 5: Bankrupts and Insolvent Debtors: 1710-1869" (available online).

Deposited in 1956.

Legal documents presented to Bankruptcy Courts, including mortgages, assignments, leases, abstract of title, wills and probates, grants, copies of court rolls, admissions, releases, conveyances, agreements, covenants to surrender, letters of administration, deeds of partnership, bills of costs, indentures of fines and marriage settlements; all for premises in Middlesex. Also records of pleas before the King's Bench, Queen's Bench, the Court of Exchequer and the Exchequer of Pleas; all for Middlesex.

Bundles 01 - 81: Bankruptcy Court documents; Bundles 82a - c: King's Bench, Queen's Bench, the Court of Exchequer and the Exchequer of Pleas.

Available for general access.

Copyright to these records rests with the Corporation of London.

English

Fit

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997.

November 2009 to February 2010 Financial administration Bankruptcy Legal history Documents Court of the Exchequer Law Legal documents Information sources Records and correspondence Records (documents) Court records Courts Court of Queen's Bench Administration of justice Legal procedure Appeals Bankruptcy appeals Finance Legal systems Court of Kings Bench Court of King's Bench x Court of Queen's Bench Court of Exchequer Court of Bankruptcy Middlesex England UK Western Europe Europe

Directe bron van verwerving of overbrenging

Deposited in 1956.

Inhoud en structuur

Bereik en inhoud

Legal documents presented to Bankruptcy Courts, including mortgages, assignments, leases, abstract of title, wills and probates, grants, copies of court rolls, admissions, releases, conveyances, agreements, covenants to surrender, letters of administration, deeds of partnership, bills of costs, indentures of fines and marriage settlements; all for premises in Middlesex. Also records of pleas before the King's Bench, Queen's Bench, the Court of Exchequer and the Exchequer of Pleas; all for Middlesex.

Waardering, vernietiging en slectie

Aanvullingen

Ordeningstelsel

Bundles 01 - 81: Bankruptcy Court documents; Bundles 82a - c: King's Bench, Queen's Bench, the Court of Exchequer and the Exchequer of Pleas.

Voorwaarden voor toegang en gebruik

Voorwaarden voor raadpleging

Available for general access.

Voorwaarden voor reproductie

Copyright to these records rests with the Corporation of London.

Taal van het materiaal

  • Engels

Schrift van het materiaal

  • Latijn

Taal en schrift aantekeningen

English

Fysieke eigenschappen en technische eisen

Toegangen

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

Verwante materialen

Bestaan en verblifplaats van originelen

Bestaan en verblijfplaats van kopieën

Related units of description

Related descriptions

Aantekeningen

Alternative identifier(s)

Trefwoorden

Geografische trefwoorden

Naam ontsluitingsterm

Genre access points

Beschrijvingsbeheer

Identificatie van de beschrijving

Identificatiecode van de instelling

London Metropolitan Archives

Toegepaste regels en/of conventies

Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997.

Status

Niveau van detaillering

Verwijdering van datering archiefvorming

Taal (talen)

  • Engels

Schrift(en)

    Bronnen

    Voorwaarden voor raadpleging en gebruik