Tag: overheated system

Victorian Bournemouth (72)
2nd Period

Victorian Bournemouth (59): a rash of bankruptcies

Introduction Victorian Bournemouth (59) explores how, while sixteen residents went bankrupt between 1856 and 1866, in the following three years this happened to forty-one people. In 1869, the new Debtors’ Act reduced the inevitability of prison sentences for convicted bankrupts. While this may have increased a willingness to declare, the bankruptcies’ cause perhaps lay elsewhere. […]