Texas Constitution of 1875
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Why do you think the authors of the Texas constitution provided bankrupts such generous protection from creditors, especially given that many of the authors were wealthy men who were creditors themselves? What circumstances might these people, living in 1875 have envisioned as typical in a bankruptcy proceeding?
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The solution discusses why do you think the authors of the Texas constitution provided bankrupts such generous protection from creditors, especially given that many of the authors were wealthy men who were creditors themselves.
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In 1875, the United States was a different place and people had different values. Therefore, while the authors of the Texas constitution may have been creditors themselves, they still wanted to allow those ...
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