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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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Aftermath and Summary of Conclusions

Aftermath and Summary of Conclusions

Chapter:
(p.287) 8 Aftermath and Summary of Conclusions
Source:
Victorian Insolvency
Author(s):

V. Markham Lester

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198205180.003.0008

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.

Keywords:   insolvency law reform, England, Bankruptcy Act, bankruptcy administration, imprisonment, financial failure

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