Bankruptcy Act 1883

E878820

The Bankruptcy Act 1883 was a major Victorian-era reform of British insolvency law that centralized and standardized bankruptcy procedures under state control to curb abuses and improve fairness for creditors and debtors.

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Bankruptcy Act 1883 canonical 1

Statements (43)

Predicate Object
instanceOf Act of Parliament of the United Kingdom
insolvency law statute
aimedTo centralize bankruptcy administration
curb abuses in bankruptcy practice
improve fairness for creditors
improve fairness for debtors
standardize bankruptcy procedures
appliedTo individual debtors
traders
areaOfLaw commercial law
creditor–debtor law
citation 46 & 47 Vict. c. 52
country United Kingdom
enactedIn Victorian era NERFINISHED
followedBy Bankruptcy Act 1890 NERFINISHED
historicalPeriod 19th-century British law
introduced Board of Trade supervision of bankruptcy administration
greater state control over bankruptcy
official receivers in bankruptcy
jurisdiction England and Wales
Ireland NERFINISHED
languageOfDocument English
legalStatus largely repealed
legalSystem common law
legislativeBody Parliament of the United Kingdom NERFINISHED
longTitle An Act to amend and consolidate the Law of Bankruptcy
providedFor composition and schemes of arrangement with creditors
discharge of bankrupts under statutory conditions
public examination of bankrupts
reformOf British bankruptcy law
regulated acts of bankruptcy
adjudication of bankruptcy
distribution of a bankrupt’s estate
liquidation by arrangement
priority of debts in bankruptcy
trustees in bankruptcy
replaced Bankruptcy Act 1869 NERFINISHED
royalAssent 1883
shortTitle Bankruptcy Act 1883 NERFINISHED
subjectMatter bankruptcy
creditor protection
debtor relief
insolvency

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