Tuesday, 23 February 2010

Imprisonment for Debt - still with us!

Imprisonment for debt was abolished in 1869. No more Newgate debtors' prison (pictured) or other treatment of this nature pursuant to the Debtors' Act 1869. However, a recent story in Credit Today, which has been picked up by Debt Management Today, has highlighted the case of a bankrupt prison officer who has recently been sent to jail for failing to disclose the whereabouts of his assets. See the article in full here.

Picture Credit: http://www.umich.edu/~ece/student_projects/bonifield/pics/newgate1.jpg

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