Walter Scott v Creditors of Hugh Seton: HL 7 Apr 1789

Judicial Sale – Heritable Debts, Extinction of. – Held that the debts affecting a bankrupt estate, sold at a judicial sale, are, upon payment of the price, extinguished to every effect except that of securing the purchaser.

Citations:

[1789] UKHL 3 – Paton – 682b

Links:

Bailii

Jurisdiction:

Scotland

Insolvency

Updated: 23 March 2022; Ref: scu.580996