Abstract
Bankruptcy laws in the United States did not always provide debtors with the financial “fresh start” that is now considered fundamental to the system.1 Indeed, in early American history, imprisonment for debt was the common practice.2 The modern incarnation of bankruptcy law in the United States can be traced back to the US Constitution, which went into effect in 1789. Under Article I, section 8, Clause 4, the US Congress was granted the power to establish “uniform Laws on the subject of Bankruptcies throughout the United States.”3
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
