Dyvour's Habit in United States
Dyvour’s Habit Definition
In Scotch law. A habit which debtors who are set free on a cessio bonorum are obliged to wear, unless in the summons and process of cessio it be libelled, sustained, and proved that the bankruptcy proceeds from misfortune. And bankrupts are condemned to submit to the habit, even where no suspicion of fraud lies against them, if they have been dealers in an illicit trade. Ersk. Princ. 4. 3. 13.
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Legal Issue for Attorneys
In Scotch law. A habit which debtors who are set free on a cessio bonorum are obliged to wear, unless in the summons and process of cessio it be libelled, sustained, and proved that the bankruptcy proceeds from misfortune. And bankrupts are condemned to submit to the habit, even where no suspicion of fraud lies against them, if they have been dealers in an illicit trade. Ersk. Princ. 4. 3. 13.
Notice
This definition of Dyvour’s Habit Is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.