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During the reign of King Henry VIII, bankruptcy law allowed a creditor to seize all of the assets of a trader who could not pay his debts.Additionally, on top of losing all of one's property, the unfortunate debtor also lost his freedom and was subject to imprisonment for failure to pay his debts.Coverage any type of actions considered to be unlawful to police authorities is an alternative that we will not hesitate to absorb particular scenarios.This grown-up chat site has been on-line for greater than 5 years.
Bankruptcy was originally planned as a remedy for creditors — not debtors.
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