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DEBTORS WHO BOLT.

AND ABE NOT. BROUGHT BACK. It was remarked yesterday by .tho Official Assignee (Mr. A. Simpson) that creditors in bankrupt estates are so often averse to subscribing . the funds necessary to bring absconding debtors to book that the latter lor a considerable period past have enjoyed an almost total immunity from pursuit. A view that often operates with creditors is that it is useless to throw good money after bad. The result has been to create a mounting abuse, in the shapo of debtors absconding. and leaving their creditors lamenting. In some recent instances creditors seem to have realised tho bearing .of these facts, and that, although the process may be expensive, it is absolutely necessary, in the interests of commercial morality, that debtors who depart in a hurry and leave no satisfactory statement of their affairs behind tnem, should be induced to return and repair tho omission. •'

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19100831.2.22

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 3, Issue 909, 31 August 1910, Page 6

Word count
Tapeke kupu
151

DEBTORS WHO BOLT. Dominion, Volume 3, Issue 909, 31 August 1910, Page 6

DEBTORS WHO BOLT. Dominion, Volume 3, Issue 909, 31 August 1910, Page 6

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