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undischarged bankrupt


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A person who has been made bankrupt and who has not yet received an order of discharge from the court. Such a person is disqualified from holding certain offices, which include justice of the peace, councillor, and Member of Parliament. He must not obtain credit for more than £500 without informing the creditor that he is an undischarged bankrupt, and he must not carry on a business without disclosing the name under which he was made bankrupt to those who deal with him. See feature Bankruptcy Law.

Subjects: Law — Social Sciences.


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