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Victorian InsolvencyBankruptcy, Imprisonment for Debt, and Company Winding-up in Nineteenth-Century England$
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V. Markham Lester

Print publication date: 1995

Print ISBN-13: 9780198205180

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198205180.001.0001

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Retreat from ‘Officialism’, 1857–1869

Retreat from ‘Officialism’, 1857–1869

(p.123) 4 Retreat from ‘Officialism’, 1857–1869
Victorian Insolvency

V. Markham Lester

Oxford University Press

This chapter examines the dismantlement of the official system of debt collection and bankruptcy policy in England during the 1860s. The system was replaced by one that emphasized creditor control, with the judiciary playing little role in the collection and distribution of bankruptsʼ assets. This radical change was brought about by the growing influence of business leaders who often exercised their influence through new organizations like local chambers of commerce, the Social Science Association, and the Associated Chambers of Commerce.

Keywords:   debt collection, bankruptcy, creditor control, business leaders, local chambers of commerce, Social Science Association, Associated Chambers of Commerce

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