What is the debtor's prison?
At some point in history, the unpaid debt should be considered sufficient reasons for imprisonment. The debtor would be held in the specified prison by the debtor until his family fails to satisfy the creditor's requirements. The prison of the debtor in the Middle Ages was often a large municipal cell, where men and women lived in dirty conditions of the month or even years, depending on the size of the debt and the ability of their family to raise money. Some debtors were allowed to work from their own debts through work, but many of them were convicted to stay behind bars. Some prisons allowed short visits to family members, and several of them even allowed debtors to live outside prison to make their goods or watch their stores. The concept of the debtor's prison was primarily on the motive of the family to eradicate the debt as quickly as possible. Household head imprisonment provided more than enough motivation, but the debtor's families often did not have the necessary skills or experience to operate fromIscratic business.
The practice of prisoners of debtors in prison has continued for several centuries. The first government of the United States tolerated the establishment of a debtor's prison until the law on the end of practice in 1833. The British parliament followed the action in 1869, although it was still legal to briefly imprison certain debtors who could afford to repay their debts but decided not to do so. Only a handful of countries around the world have still determined the debtor's prisons for those who cannot repay large debts and do not have the legal protection of bankruptcy to avert the efforts to collect their creditors.
Some political scientists have proposed a return to the debtor's prison system as a way to deal with wholesale business fraud and bad management. If some managers of problem corporations or other unsuccessful institutions were forced to spend the real time in prison of a modern debtor, perhapswould gain a better view of the severity of their actions and would not be tempted to commit such a financial offense in the future. Others report a growing number of domestic seizures and personal bankruptcies as an indicator of the need for a modern debtor's prison to improve personal financial responsibility.