answersLogoWhite

0


Best Answer

The settlement for debtor prisoners was the practice of allowing imprisoned debtors to secure their release by paying off their debts or making a settlement agreement with their creditors. This practice was common in the 18th and 19th centuries before debtor's prisons were abolished in many countries.

User Avatar

AnswerBot

3d ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What was the settlement for debtor prisoners?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Law

What colony was founded as a refuge for debtor prisoners to work and to pay off their debts?

Georgia was founded as a refuge for debtor prisoners to work and pay off their debts.


What is a voluntary judgment?

A voluntary judgment is a court ruling or decision that is agreed upon by the parties involved in a legal case. It is usually reached through negotiation or settlement and does not result from a trial or formal legal proceedings. Both parties consent to the terms of the judgment.


What is a restraining notice to judgment debtor?

A restraining notice to a judgment debtor is a legal document typically issued by a court that prohibits the debtor from transferring or disposing of certain assets, pending resolution of the debt owed to the creditor. It essentially freezes the debtor's assets to prevent them from being moved or hidden to avoid payment of the judgment.


What is garnishee order in Banking Law?

A garnishee order in banking law is a legal process that allows a creditor to collect money owed to them by the debtor directly from the debtor's bank account. The bank is required to freeze the debtor's account and pay the amount owed to the creditor. This is often used as a last resort by creditors to recover debts when other collection methods have failed.


what's the difference between settlement memorandum & a settlement agreement & release?

A settlement memorandum is a summary of terms agreed upon in a settlement negotiation. A settlement agreement is a legally binding document that outlines the terms of a settlement between parties. A settlement release is a document that releases one or both parties from further liability related to the dispute that is being settled.

Related questions

What intended as a settlement for debtor prisoners?

Georgia was the colony settled by people who had been in debtor's prisons in England.


What colony was a haven for English debtor prisoners?

Georgia


What colony was founded as a refuge for debtor prisoners to work and to pay off their debts?

Georgia was founded as a refuge for debtor prisoners to work and pay off their debts.


What were debtor's prisons like in the Victorian Era?

prison conditions were very harsh for prisoners .


What is a penal settlement?

A penal settlement is a colony established by convicts or prisoners - people who have been convicted of a crime.


Where in Tasmania was a penal settlement for prisoners on the east coast?

The penal settlement was at Port Arthur, on the southeastern corner of the island.


Can I get an out-of-court settlement on my credit card?

It is possible to get an out-of-court settlement for a credit card. Credit card companies and collection agencies offer a variety of payment and settlement options for the debtor.


Can you report a settlement to the credit bureaus?

That should be done by the creditor upon the request of the debtor.


Colonists came to Georgia to be free from what?

Settlement in Georgia was primarily an exchange for freedom from debtor's prison.


What colonists came to Georgia to be free?

Settlement in Georgia was primarily an exchange for freedom from debtor's prison.


When judgment entered against debtor is creditor held to any oral settlement agreement to pay off debt made between debtor and creditor?

Not unless it is in writing unfortunatly.


After a debt is reduced by a collector is it settled?

If the full settlement amount offered is paid in full by the debtor, the debt is considered paid. When entering into a settlement of a debt the debtor should obtain all the pertinent data in writing and not agree to anything unless he or she understands the agreement in full.