New Hampshire Statutes

§ 568:6 — Assignment by Debtor to Probate Judge

New Hampshire·Title LVII INSOLVENCY PROCEEDINGS AND ASSIGNMENTS FOR CREDITORS·Ch. 568 INSOLVENCY PROCEEDINGS·Subdivision General Provisions
An inhabitant of this state owing debts which he is unable to pay, and who is not entitled to proceed under the Bankruptcy Act, may make an assignment, for the benefit of his creditors, of all his estate and effects not exempt from attachment to the judge of probate for the county in which he resides and to such assignee and his successors as the judge may appoint. If any part of the debtor's property is real estate, the assignment shall be executed with the formalities required in the case of deeds of land. The assignment, however made or expressed, shall be construed to convey all the debtor's estate not exempt from attachment and all property which might have been taken on execution upon a judgment against him at the beginning of the proceedings in insolvency. He shall at the same time

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Legislative History

RS 134:1, 2. CS 140:1, 2. GS 126:1, 2. GL 140:1, 2. 1885, 85:1. PS 201:6. 1895, 68:1. PL 401:6. RL 465:6.

Nearby Sections

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