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- Title 39 P.S.. INSOLVENCY AND ASSIGNMENTS
- Chapter 1. Assignments and Insolvency Proceedings
- Act of 1901 and Later Acts
- Assignments In General; Discharge From Arrest
39 P.S. § 7 - Hearing; discharge; forfeiture of bond; requisites of valid surrender
Cite as | 39 P.S. § 7 |
Upon the hearing of the rule, which shall be at the bar of the court, and at which the petitioner shall answer all questions put to him, and shall produce all papers and books required of him, if it shall appear to the court that the petitioner has duly assigned all his property for the benefit of his creditors, that he has not violated any of the provisions of this act, and that all the claims against him would be discharged by the creditors accepting a dividend, as by this act provided, the court shall forthwith discharge him from arrest; and he shall not thereafter be liable to arrest in said proceedings, or upon any claim existing at that time, unless upon petition to said court, and with notice to the insolvent, it shall afterwards be made to appear that, under this act, he should have been or should be imprisoned. If, however, he shall refuse to answer relevant questions, or to produce his books and papers, or it shall appear that he has violated any of the provisions of this act, or that any of t...
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