The liability of a person who is a co-debtor with, or guarantor or in any manner a surety for, a bankrupt shall not be altered by the discharge of such bankrupt. Massachusetts Reports - Page 494by Massachusetts. Supreme Judicial Court - 1901Full view - About this book
| Bankruptcy - 1924 - 876 pages
...bankruptcy is provable." It was held not to be provable. Section 16 of the National Bankruptcy Law provides that " The liability of a person who is a co-debtor...not be altered by the discharge of such bankrupt." While this defines the effect of a discharge, itself a creation of the same general statute, it does... | |
| Bankruptcy - 1928 - 808 pages
...section, but reading further, there appears the provision: "Sec. 16. Co-debtors of bankrupts.—a. The liability of a person who is a co-debtor with,...not be altered by the discharge of such bankrupt. (30 US Stat. at Large 5oO, chap. 541; US Code, tit. II, § 34.) The acceptance of a composition and... | |
| Bankruptcy - 1926 - 988 pages
...with respect to the contract of guaranty. That section provides: "The liability of a person who is codebtor with, or guarantor or in any manner a surety...not be altered by the discharge of such bankrupt." See Witthaus v. Zimmermann, 91 App. Div. 202, 11 Am. BR 314, 86 NYS 315 ; Dersch v. Walker, 121 Ky.... | |
| Bankruptcy - 1925 - 1344 pages
...mortgage, but against this nothing is alleged or shown as to Garrctt. " The liability of a person who is codebtor with, or guarantor or in any manner a surety for, a bankrupt is not altered by the discharge of such bankrupt." Loveland on Bankruptcy, § 296. - Garrett, being... | |
| Bankruptcy - 1924 - 860 pages
...released from payment of the debt, his sureties will still be bound, under the provision of this act that " the liability of a person who is a codebtor with, or guarantor of, or in any manner a surety for a bankrupt shall not be altered by the discharge of such bankrupt."... | |
| Rhode Island. Supreme Court - Law reports, digests, etc - 1912 - 666 pages
...desires to plead such discharge in an action upon the debt. The Bankruptcy Act, 1898, § 16 (a) provides: "The liability of a person who is a co-debtor with,...not be altered by the discharge of such bankrupt." The argument of the defendant is that the provision of this section applies only to those secondarily... | |
| Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell - Law reports, digests, etc - 1908 - 952 pages
...principal if it was affirmed by this court. Section 16 of the present bankruptcy law reads as follows: "The liability of a person who is a co-debtor with,...not be altered by the discharge of such bankrupt." Act July 1, 1898, c. 541, 30 Stat., 550 (US Comp. St., 1901, p. 3428). Collier in his work on Bankruptcy... | |
| Rhode Island. Supreme Court - Law reports, digests, etc - 1899 - 942 pages
...and the other defendants were sureties, the Insolvency Act provides for the exigency in section 52 : "The liability of a person who is a co-debtor with, or guarantor, or in any manner surety for a person who has been adjudged insolvent and thereafter been discharged, shall not be abridged... | |
| United States, John Hanna, James Angell MacLachlan - Bankruptcy - 1953 - 488 pages
...trial," which followed "revoke it," was then deleted. Sec. 1G. (11 USC § 34.) Co-debtors of Bankrupts a. The liability of a person who is a co-debtor with,...not be altered by the discharge of such bankrupt. Sec. 17. (11 USC § 35.) Debts Not Affected by a Discharge a. A discharge in bankruptcy shall release... | |
| United States, John Hanna - Bankruptcy - 1957 - 484 pages
...Co-debtors of Bankrupts ;\V .!i , a. The liability of a person who is a co-debtor with; or guaif;antor or in any manner a surety for, a bankrupt shall not be altered by the discharge of such bankrupt. '.',,. ,' ' . :' , Sec. 17. (11 USC § 35.) Debts No* Affected by a Discharge a. A discharge in bankruptcy... | |
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