Statements (53)
Predicate | Object |
---|---|
gptkbp:instance_of |
gptkb:legislation
|
gptkbp:bfsLayer |
6
|
gptkbp:bfsParent |
gptkb:44th_Congress
|
gptkbp:addressed |
business bankruptcies
personal bankruptcies |
gptkbp:allows |
discharge of debts
certain types of debts from discharge |
gptkbp:amended_by |
subsequent bankruptcy laws
|
gptkbp:applies_to |
debtors and creditors
|
gptkbp:created |
a framework for bankruptcy proceedings
|
gptkbp:depicted_in |
a response to economic hardship
a progressive step in financial legislation |
gptkbp:effective_date |
1875
|
gptkbp:enacted_by |
gptkb:legislation
a period of economic instability address the needs of creditors and debtors |
gptkbp:established |
bankruptcy courts
creditor committees |
https://www.w3.org/2000/01/rdf-schema#label |
Bankruptcy Act of 1875
|
gptkbp:impact |
increased access to bankruptcy for individuals and businesses
|
gptkbp:includes_provisions_for |
allowed voluntary and involuntary bankruptcy filings
|
gptkbp:influenced |
future bankruptcy legislation
|
gptkbp:influenced_by |
the Panic of 1873
economic conditions of the 1870s |
gptkbp:is_aimed_at |
reducing the stigma of bankruptcy
standardize bankruptcy laws across states |
gptkbp:is_analyzed_in |
gptkb:Historical_Society
|
gptkbp:is_criticized_for |
due to its impact on creditors
favoring debtors over creditors |
gptkbp:is_designed_to |
encourage honest financial practices
facilitate the reorganization of debts protect struggling businesses |
gptkbp:is_discussed_in |
legal journals
|
gptkbp:is_evaluated_by |
legal scholars
|
gptkbp:is_implemented_in |
federal judges
|
gptkbp:is_part_of |
reconstruction era legislation
the broader context of U. S. economic policy. the evolution of bankruptcy law in the U. S. the legal framework for insolvency |
gptkbp:is_referenced_in |
subsequent court cases
|
gptkbp:is_subject_to |
judicial interpretation
|
gptkbp:jurisdiction |
federal courts
|
gptkbp:led_to |
increased bankruptcy filings
|
gptkbp:provides |
protection for honest debtors
|
gptkbp:purpose |
to provide a uniform system of bankruptcy laws
|
gptkbp:related_to |
financial distress
|
gptkbp:repealed_by |
gptkb:Bankruptcy_Act_of_1898
|
gptkbp:replaced_by |
gptkb:Bankruptcy_Act_of_1898
|
gptkbp:requires |
creditor notification
|
gptkbp:set_in |
guidelines for bankruptcy trustees
|
gptkbp:signed_by |
gptkb:President_Ulysses_S._Grant
|
gptkbp:significance |
first federal bankruptcy law in the United States
|
gptkbp:was_a_response_to |
the economic crisis of the 1870s
|