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Until debtors prisons were banned 180 years ago, Americans could be jailed for years for owing just a few pennies. The costs of incarceration, though minimized by squalid prison conditions, often grossly exceeded the debts, suggesting that punishment was the overriding motive.
In the first two decades of the 19th century, humanitarians confronted authorities in several states with a litany of abuses, and the public came to see the practice of jailing debtors as repugnant. New York was the first state to abolish incarceration for debt. Other states followed, and Congress passed 36 month personal loans federal statute banning the practice in 1833. The Republic of Texas Constitution, drafted just a few years later, in 1836, establishing Texas as an independent nation, declared, No person shall be imprisoned for debt in consequence of inability to pay.
In some respects, Texas law tilts strongly toward debtors rights. Texans property is largely shielded from seizure by creditors.
Enjoy the peace of mind that borrowing from a payday lender offers when fast cash is needed. St Louis Payday Loans. Louis is the oldest city in the state of Missouri, and residents are proud to be living in the city that was built on the American dream to 36 month personal loans their frontier. The Gateway Arch is a symbol to President Thomas Jefferson and to the vision of the pioneers of the westward expansion of the United States.
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While St. Louis is filled with attractions and steeped with history, the residents in this charming city are feeling the strain of the nationwide state of the economy.
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