NORCROSS, GA, May 08, 2013 (Press-News.org) Knoxville bankruptcy lawyers Clark & Wilson note that Daniel Webster, famous Massachusetts senator and U.S. secretary of state, who worked to form bankruptcy law in the 19th century, found himself overwhelmed by debt in later years.
The Early Days of Bankruptcy Legislation
Knoxville bankruptcy experts explain that in colonial times, if a man defaulted on a loan, he was placed in debtor's prison until he paid his creditors what he owed. A bankruptcy bill was passed by Congress in 1798. It required all states to recognize bankruptcy when a debtor was unable or unwilling to pay debts as they come due.
As a U.S. senator, Daniel Webster campaigned actively on behalf of debtors. He was instrumental in getting the Bankruptcy Act of 1841 passed. This law finally enabled debtors to benefit from bankruptcy. Three years later, under intense political pressure, however, the law was repealed.
Webster's Financial Problems
Webster had his own problems with debt. During the Panic of 1837, he engaged in excessive speculation in western lands, and relied on loans from friends to prevent him from being ruined financially. He resigned from his position as secretary of state in 1843 in part due to financial difficulties. He was known as "Black Dan" because of his business dealings, his political escapades, and his chronic nonpayment of debts. He had a taste for luxury, and lived beyond his means.
His financial problems continued to plague him. In 1844, when he was faced with having to resign from the U.S. Senate under financial pressure, Webster allowed his friends to raise money to provide him with a supplementary income.
Today, Knoxville bankruptcy law firm Clark & Washington point out that people's financial problems, regardless of the cause, no longer have to shadow them for years, as Daniel Webster's did. Their Knoxville bankruptcy attorneys can help with Chapter 7 and Chapter 13 bankruptcies.
For more information about Knoxville bankruptcy lawyers and their services, visit http://www.knoxvillebankruptcyattorney.com.
About Clark & Washington:
Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the Southeast. They have locations in Georgia, Florida and Tennessee. Clark & Washington specializes in personal chapter seven and 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships.
For more information, visit http://www.knoxvillebankruptcyattorney.com.
For all media inquiries, please contact:
Allie Petit
Content Manager
Cardinal Web Solutions
http://www.CardinalWebSolutions.com
Knoxville Bankruptcy Experts, Clark & Washington, Reveal Daniel Webster Bankruptcy Troubles
Bankruptcy law in the U.S. was developed during the 18th and 19th centuries, and Massachusetts Senator Daniel Webster played an instrumental role in that development. Ironically, he later found himself mired in debt.
2013-05-08
ELSE PRESS RELEASES FROM THIS DATE:
More Options, More Colors, Less Price: Tablet2Cases.com Introduces 4 New Cases for the iPad Mini From Tablet Accessory Specialists Cooper
2013-05-08
Tablet2Cases.com, the Internet's definitive resource on tablet cases, is pleased to announce a significant increase in the number of Cooper tablet cases models to its stock. Four new iPad Mini cases are now available for immediate purchase in the Tablet2Cases online shop - each with four to six different colors/designs to choose from.
Cooper's four new iPad Mini cases at Tablet2Cases include:
- The Agenda Portfolio, a case of the basics done well with mostly skin material makeup and magnet strap enclosure in five arresting color combinations at a price of $34.95. ...
New Time-Limited Miracle Garcinia Cambogia Offers Are Now Available: miraclegarciniacambogia.com Announces Fresh Discounts Applicable to Limited In-Stock Supplies
2013-05-08
As of today miraclegarciniacambogia.com announces limited in-stock supplies and offers customers new deals. Consumers have become increasingly conscientious of the revolutionary effects of the Garcinia Cambogia extract.
As a result, demand has increased depleting the available supplies. Given that these health supplements are not available in local shops, but only from selected online stores, producers are making their offers more and more appealing to the general public, struggling to keep up with the demand. Customers can now claim one bottle of Miracle Garcinia Cambogia ...
Kaj Designs Launches Tribu Sauvage In The USA
2013-05-08
From May 6 to 8, 2013, Kaj Designs will blaze a trail as the first Tobago fashion house to exhibit at Intermezzo Collections as it proudly launches its latest resort collection, Tribu Sauvage, in the USA. As a staple on the US fashion trade circuit, Intermezzo provides retailers with an opportunity to replenish ready-to-wear stock between Autumn/Winter and Spring/Summer fashion markets.
As a juried fashion tradeshow, Intermezzo boasts one of the largest and most exclusive rosters of exhibitors including Tracy Reese, Nicole Miller, 7 For All Mankind and J Brand. After ...
Cell2Get Goes Social to Promote Savings
2013-05-08
For one online purveyor of mobile handsets, word-of-mouth is the only business model that makes dollars and cents. Cell2Get.com, a national reseller based in Brooklyn, New York, has been using social marketing to grow its brand.
Looking to make a name for itself on the web for discount cell phones without any binding contracts, Cell2Get has stepped up its efforts by adding social marketing techniques to boost name recognition.
These additional processes have borne fruit in the form of increased sales almost right from the very beginning. For example, when the Blackberry ...
TapSnap Revolutionizes Phototainment at Houston Parties and Events
2013-05-08
The revolutionary new TapSnap phototainment system has arrived in Houston, Texas, and parties and corporate events will never be the same again.
"The photo booth has been around forever," said Gene Haddock, the TapSnap franchisee for Houston. "Until now, it's never adapted to the new technology. TapSnap is breaking new ground by capitalizing on the latest technology available and social media. It has taken photo entertainment to an entirely different level. And there's no booth so everyone can join in the fun."
Launch at over two dozen U.S. locations ...
Rebel Pilgrim Productions to Release Faith-Based Romantic Comedy in Theaters
2013-05-08
Cincinnati-based Rebel Pilgrim Productions will release the faith-friendly romantic comedy A Strange Brand of Happy in theaters on September 13, 2013. The film, directed by Brad Wise, stars Joe Boyd (Hitting The Nuts, General Hospital), Grammy Award winner Rebecca St. James (Suing the Devil, Left Behind) and Academy Award winner Shirley Jones (Elmer Gantry, The Partridge Family). The movie will initially open as a limited release in at least 42 markets through Integrated Media Associates.
In an official statement Integrated Media Associates says, "We are extremely ...
MaxiAids Team Experiences a Meal Without Sight at Long Island Council of the Blind's 'Dinner in the Dark' Event
2013-05-08
This past Monday Elliot Zaretsky, president and founder of MaxiAids Products for Independent Living, along with the company's senior management team participated in the 5th annual Dinner in the Dark event at The Sterling in Bethpage.
According to the event sponsor, the Long Island Council of the Blind (LICB), Dinner in the Dark was created "as a way of showing the community-at-large that eating does not always require that one see the meal on the plate to enjoy its taste."
It's also a great way to raise awareness about how visually impaired people function ...
Repertorio Espanol Announces the World Premiere of Vincent Toro's "21," Winning Play of the 2011 'MetLife Nuestras Voces' National Latino Playwriting Competition
2013-05-08
"21" is a comedy about modern family dynamics. A rambunctious Puerto Rican family takes their socially-conscious 21-year-old college graduate to a casino in upstate New York for a celebration. His eccentric parents are hoping this trip will help unify the whole family, unaware that their son is about to drop a bombshell on them. The cast includes Dalia Davi, Abdel Gonzalez, Sandor Juan and Frank Rodriguez.
Tickets for "21" start at $27 and may be reserved online at www.repertorio.org or by phone, 1-212-225-9999.
"21" is sponsored by MetLife ...
Bruegger's Bagels' Summer Menu Line-Up is Hot, Cool and Sweet
2013-05-08
Today, Bruegger's Bagels, known for its authentic, New York-style bagels baked fresh in each of its bakeries, introduces a new summer menu unlike any others before with new flavors that are at once bold, spicy, sweet and savory.
Executive Chef Philip Smith added completely new flavors and ingredients to the menu this season, reflecting the bagel bakery's commitment to menu items that are flavorful and on trend while staying true to what keeps guests coming back every day.
The innovative menu items - available today in all 300-plus bagel bakeries - include:
- ...
Canadian Board Diversity Council (CBDC) Chooses InfoTech Solutions for Business for the Diversity 50 2013 Application Process Project
2013-05-08
InfoTech, a leading software house and system solutions company, has completed and delivered CBDC with a customized white labeled version of the Diverse Director Data Source system (also known as 3D) to support CBDC's Diversity 50 2013 Application process.
The Diversity 50 is a brand new resource for directors and search firms. It is Canada's first-ever database of qualified diverse men and women from across Canada with strong competencies that align with the requirements of many Canadian boards (www.boarddiversity.ca/diversity-50).
The customized solution also includes ...
LAST 30 PRESS RELEASES:
Remote telemedicine tool found highly accurate in diagnosing melanoma
New roles in infectious process for molecule that inhibits flu
Transforming anion exchange membranes in water electrolysis for green hydrogen production
AI method can spot potential disease faster, better than humans
A development by Graz University of Technology makes concreting more reliable, safer and more economical
Pinpointing hydrogen isotopes in titanium hydride nanofilms
Political abuse on X is a global, widespread, and cross-partisan phenomenon, suggests new study
Reintroduction of resistant frogs facilitates landscape-scale recovery in the presence of a lethal fungal disease
Scientists compile library for evaluating exoplanet water
Updated first aid guidelines enhance care for opioid overdose, bleeding, other emergencies
Revolutionizing biology education: Scientists film ‘giant’ mimivirus in action
Genetic variation enhances cancer drug sensitivity
Protective genetic mutation offers new hope for understanding autism and brain development
Colombia's Dr. Natalia Acosta-Baena uncovers critical link between brain development and degeneration
How can we reduce adolescent pregnancies in low- and middle-income countries?
When sun protection begets malnutrition: vitamin D deficiency in Japanese women
Cannabis use can cause chromosomal damage, increasing cancer risk and harming offspring
Survey finds many Americans apply misguided and counterproductive advice to combat holiday weight gain
New study reveals half a century of change on Britain’s iconic limestone pavements
Green flight paths could unlock sustainable aviation, new research suggests
Community partners key to success of vaccine clinic focused on neurodevelopmental conditions
Low-carbon collaborative dual-layer optimization for energy station considering joint electricity and heat demand response
McMaster University researchers uncover potential treatment for rare genetic disorders
The return of protectionism: The impact of the Sino-US trade war
UTokyo and NARO develop new vertical seed distribution trait for soybean breeding
Research into UK’s use of plastic packaging finds households ‘wishcycle’ rather than recycle – risking vast contamination
Vaccine shows promise against aggressive breast cancer
Adverse events affect over 1 in 3 surgery patients, US study finds
Outsourcing adult social care has contributed to England’s care crisis, argue experts
The Lancet: Over 800 million adults living with diabetes, more than half not receiving treatment, global study suggests
[Press-News.org] Knoxville Bankruptcy Experts, Clark & Washington, Reveal Daniel Webster Bankruptcy TroublesBankruptcy law in the U.S. was developed during the 18th and 19th centuries, and Massachusetts Senator Daniel Webster played an instrumental role in that development. Ironically, he later found himself mired in debt.