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Bankruptcy Act Of 1800
The Bankruptcy Act of 1800 was the first piece of federal legislation in the United States surrounding bankruptcy. The act was passed in response to a decade of periodic financial crises and commercial failures. It was modeled after English practice. The act placed the bankrupt estate under the control of a commissioner chosen by the district judge. The debt would be forgiven if two-thirds of creditors (by both number and dollar amount) agreed to forgive the remaining debt. Only merchants could petition a creditor to file a case under the provisions of the act. Before independence, bankruptcy law in the Thirteen Colonies followed English common law. After multiple wars, including the Seven Years' War and the American Revolutionary War, debt became more common not only at a national level but also in personal affairs. With this change came a shift in perspective surrounding debt. Instead of viewing it as a moral flaw, as English policy did, it became known as bad luck or a resul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Morris (financier)
Robert Morris Jr. (January 20, 1734May 8, 1806) was an English-born American merchant, investor and politician who was one of the Founding Fathers of the United States. He served as a member of the Pennsylvania legislature, the Second Continental Congress, and the United States Senate, and was one of only two people to sign the United States Declaration of Independence, Declaration of Independence, the Articles of Confederation, and the Constitution of the United States, U.S Constitution; the other being Roger Sherman. From 1781 to 1784, he served as the Superintendent of Finance of the United States, becoming known as the "Financier of the Revolution." Along with Alexander Hamilton and Albert Gallatin, he is widely regarded as one of the founders of the financial system of the United States. Born in Liverpool, Morris was brought to North America by his father when he was 13 years old, quickly becoming a partner in a successful shipping firm based in Philadelphia. In the afterma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1800 In American Law
Eighteen or 18 may refer to: * 18 (number) * One of the years 18 BC, AD 18, 1918, 2018 Film, television and entertainment * 18 (film), ''18'' (film), a 1993 Taiwanese experimental film based on the short story ''God's Dice'' * Eighteen (film), ''Eighteen'' (film), a 2005 Canadian dramatic feature film * 18 (British Board of Film Classification), a film rating in the United Kingdom, also used in Ireland by the Irish Film Classification Office * 18 (Dragon Ball), 18 (''Dragon Ball''), a character in the ''Dragon Ball'' franchise * "Eighteen", a List of 12 oz. Mouse episodes#ep17, 2006 episode of the animated television series ''12 oz. Mouse'' Science * Argon, a noble gas in the periodic table * 18 Melpomene, an asteroid in the asteroid belt Music Albums * 18 (Moby album), ''18'' (Moby album), 2002 * 18 (Nana Kitade album), ''18'' (Nana Kitade album), 2005 * ''18...'', 2009 debut album by G.E.M. * 18 (Jeff Beck and Johnny Depp album), ''18'' (Jeff Beck and Johnny Depp album), 2022 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Bankruptcy Legislation
United may refer to: Places * United, Pennsylvania, an unincorporated community * United, West Virginia, an unincorporated community Arts and entertainment Films * ''United'' (2003 film), a Norwegian film * ''United'' (2011 film), a BBC Two film * ''The United'' (film), an unreleased Arabic-language film Literature * ''United!'' (novel), a 1973 children's novel by Michael Hardcastle Music * United (band), Japanese thrash metal band formed in 1981 Albums * ''United'' (Commodores album), 1986 * ''United'' (Dream Evil album), 2006 * ''United'' (Marvin Gaye and Tammi Terrell album), 1967 * ''United'' (Marian Gold album), 1996 * ''United'' (Phoenix album), 2000 * ''United'' (Woody Shaw album), 1981 Songs * "United" (Judas Priest song), 1980 * "United" (Prince Ital Joe and Marky Mark song), 1994 * "United" (Robbie Williams song), 2000 * "United", a song by Danish duo Nik & Jay featuring Lisa Rowe * "United (Who We Are)", a song by XO-IQ, featured in the television ser ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Library Of Congress
The Library of Congress (LOC) is a research library in Washington, D.C., serving as the library and research service for the United States Congress and the ''de facto'' national library of the United States. It also administers Copyright law of the United States, copyright law through the United States Copyright Office, and it houses the Congressional Research Service. Founded in 1800, the Library of Congress is the oldest Cultural policy of the United States, federal cultural institution in the United States. It is housed in three buildings on Capitol Hill, adjacent to the United States Capitol, along with the National Audio-Visual Conservation Center in Culpeper, Virginia, and additional storage facilities at Fort Meade, Fort George G. Meade and Cabin Branch in Hyattsville, Maryland. The library's functions are overseen by the librarian of Congress, and its buildings are maintained by the architect of the Capitol. The LOC is one of the List of largest libraries, largest libra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankruptcy In The United States
In the United States, bankruptcy is largely governed by federal law, commonly referred to as the "Bankruptcy Code" ("Code"). The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact "uniform Laws on the subject of Bankruptcies throughout the United States". Congress has exercised this authority several times since 1801, including through adoption of the Bankruptcy Reform Act of 1978, as amended, codified in Title 11 of the United States Code and the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA). Some laws relevant to bankruptcy are found in other parts of the United States Code. For example, bankruptcy crimes are found in Title 18 of the United States Code (Crimes). Tax implications of bankruptcy are found in Title 26 of the United States Code (Internal Revenue Code), and the creation and jurisdiction of bankruptcy courts are found in Title 28 of the United States Code (Judiciary and Judicial procedure). Bankruptc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Bankruptcy Law In The United States
The history of bankruptcy law in the United States refers primarily to a series of acts of Congress regarding the nature of bankruptcy. As the legal regime for bankruptcy in the United States developed, it moved from a system which viewed bankruptcy as a quasi-criminal act, to one focused on solving and repaying debts for people and businesses suffering heavy losses. Pre-Independence In the Thirteen Colonies, laws regarding the payment and collection of debt were based on English common law. Debtors who were unable to repay their debts had property confiscated and assigned to the creditor, or were imprisoned. Eighteenth and nineteenth centuries Upon the ratification of the United States Constitution in 1789, Congress was given the power under Article I, Section 8, Clause 4 to legislate for "uniform laws on the subject of Bankruptcies" throughout the United States. Congress's first law on the subject was the Bankruptcy Act of 1800, which was limited to traders and provided only f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Monroe
James Monroe ( ; April 28, 1758July 4, 1831) was an American Founding Father of the United States, Founding Father who served as the fifth president of the United States from 1817 to 1825. He was the last Founding Father to serve as president as well as the last president of the Virginia dynasty. He was a member of the Democratic-Republican Party, and Presidency of James Monroe, his presidency coincided with the Era of Good Feelings, concluding the First Party System era of American politics. He issued the Monroe Doctrine, a policy of limiting European colonialism in the Americas. Monroe previously served as Governor of Virginia, a member of the United States Senate, U.S. ambassador to France and Britain, the seventh secretary of state, and the eighth secretary of war. During the American Revolutionary War, he served in the Continental Army. Monroe studied law under Thomas Jefferson from 1780 to 1783 and subsequently served as a List of delegates to the Continental Congress, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anti-Federalism
The Anti-Federalists were a late-18th-century political movement that opposed the creation of a stronger U.S. federal government and which later opposed the ratification of the 1787 Constitution. The previous constitution, called the Articles of Confederation and Perpetual Union, gave state governments more authority. Led by Patrick Henry of Virginia, Anti-Federalists worried, among other things, that the position of president, then a novelty, might evolve into a monarchy. Though the Constitution was ratified and supplanted the Articles of Confederation, Anti-Federalist influence helped lead to the enactment of the Bill of Rights. Nomenclature The name "Anti-Federalists" is a misnomer. It was imposed upon the movement by their opponents, the Federalists, and was supposed to mark them as men who "stood against the very political ideas they embraced". According to historian Carol Berkin: Main beliefs The Anti-Federalists were against the ratification of the Constitution ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federalist Party
The Federalist Party was a conservativeMultiple sources: * * * * * * * * and nationalist American political party and the first political party in the United States. It dominated the national government under Alexander Hamilton from 1789 to 1801. The party was defeated by the Democratic-Republican Party in 1800, and it became a minority party while keeping its stronghold in New England. It made a brief resurgence by opposing the War of 1812, then collapsed with its last presidential candidate in 1816 United States presidential election, 1816. Remnants lasted for a few years afterwards. The party appealed to businesses who favored banks, national over state government, and manufacturing an army and navy. In world affairs, the party preferred Kingdom of Great Britain, Great Britain and strongly opposed involvement in the French Revolutionary and Napoleonic Wars. The party favored centralization, Early federalism in the United States, federalism, modernization, industriali ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Wilson (Founding Father)
James Wilson (September 14, 1742 – August 21, 1798) was a Scottish American American Founding Father of the United States, Founding Father, legal scholar, jurist, and statesman who served as an associate justice of the United States Supreme Court from 1789 to 1798. Wilson was elected twice to the Continental Congress, and was a signatory of the United States Declaration of Independence, Declaration of Independence. In 1787 he was a major participant in drafting the United States Constitution, U.S. Constitution, and became one of only six people to sign both documents. A leading legal theorist, he was one of the first four Associate Justice of the Supreme Court of the United States, Associate Justices appointed to the Supreme Court of the United States, Supreme Court by George Washington. In his capacity as the first professor of law at the Academy and College of Philadelphia, College of Philadelphia (a year after he was appointed as a professor at the College of Philadelphia, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panic Of 1796–1797
The Panic of 1796–1797 was a series of downturns in credit markets in both Great Britain and the newly established United States in 1796 that led to broader commercial downturns. In the United States, problems first emerged when a land speculation bubble burst in 1796. The crisis deepened when the Bank of England suspended specie payments on February 25, 1797 under the Bank Restriction Act 1797. The bank's directors feared insolvency when English account holders, who were nervous about a possible French invasion, began withdrawing their deposits in sterling rather than bank notes. In combination with the unfolding collapse of the U.S. real estate market's speculative bubble, the Bank of England's action had deflationary repercussions in the financial and commercial markets of the coastal United States and the Caribbean at the start of the 19th century. The scandals associated with these and other incidents prompted the U.S. Congress to pass the Bankruptcy Act of 1800, modeled on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
