Political Quotes

Herbert Hoover: “The bankruptcy act should be amended to provide remedial processes in voluntary proceedings under which debtors, unable…”

On the recordFebruary 28, 1932
The bankruptcy act should be amended to provide remedial processes in voluntary proceedings under which debtors, unable to pay their debts in due course, may have the protection of the court without being adjudged bankrupt.
Said by
Herbert Hoover
Republican · California

Editor's note · Context

Special Message to the Congress on Reform of Judicial Procedure

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More from Herbert Hoover

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