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Mifflin found out that debtors were without clothing and food while regular criminals were supplied with the basic needs of living.
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By the year of 1816, at least 2,000 New Yorkers were impriosned in debtors prisons annually.
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Banks throughout the country failed causing mortgages to be foreclosed, forcing people out of thier homes and off of their farms.
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Bill allowed the debtors to declare voluntary bankruptcy allowing large numbers of them to gain financial relief.
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More loans became secured and established the system of garnishment allowing for easier collection of small debts. This act led to the end of debtors prisons just before 1850.
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