Meetings in Bankruptcy.
Complaints have been made by persons who have bad the misfortune to be creditors in bankruptcy estates 'that on every occasion of a meeting they have to go to Masterton. The complaint is a just one, and it is time some alteration was made. The Deputy Official Assignee resides, we believe, in Carterton, but it is all the same whether a debtor hails from Carterton or the extreme lower end of the Valley, all the creditors are put to loss of lime and expense in going up to Masterton. Under these ciicumstances it cannot be expected that they will trouble themselves with the business of the bankruptcy court. There may be a dividend of a few pence in the £, but as it will probably take six times the amount to look alter it, they do not trouble. It is manifestly unfair that this state of things should continue. There are tunes when a bankrupt should be brought face to face with bis creditors to give an account of bis stewardship, but under the existing regulations the bankrupt gets off soot free, simply because those who have suffered through his folly, or perhaps roguery, will not throw away more money upon him. If a bankrupt has been living in a certain town, or adjacent to it, let the meeting of creditors be held in that town, and let the Deputy Assignee attend there to perform his official duties. There has been enough of this riding and driving for miles to suit the convenience of the Official Assignee, and we on behalf of the residents at this end of the Valley protest against it, and we hope that at every meeting of creditors in future a protest will be raised, until a change is made.
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Bibliographic details
Wairarapa Standard, Volume XIX, Issue 1894, 27 October 1886, Page 2
Word Count
296Meetings in Bankruptcy. Wairarapa Standard, Volume XIX, Issue 1894, 27 October 1886, Page 2
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