Chapter

Retreat from ‘Officialism’, 1857–1869

V. Markham Lester

in Victorian Insolvency

Published in print February 1995 | ISBN: 9780198205180
Published online October 2011 | e-ISBN: 9780191676536 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780198205180.003.0004

Series: Oxford Historical Monographs

Retreat from ‘Officialism’, 1857–1869

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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

Chapter.  18367 words. 

Subjects: Modern History (1700 to 1945)

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