Article_1826-05-20 Bankruptcy

Final chapter of John Jackson's bankruptcy

“John Jackson, the younger of Ilkeston” reveals his father had the same name. Among other, Thomas Jackson’s “servant” (probably means employee) was owed wages.

The LONDON GAZETTE, May 20, 1826
The Creditors who have proved their debts under a Commission of Bankruptawarde and issues forth against John Jackson the Younger, of Ilkeston, in the County of Derby, Rope Maker, are requested to meet the Assignee of the estate and effects of the said Bankrupt, onFriday the 16th day of June next, at Twelve o’clock at Noon, at the Court of Commissioners of Bankrupts, in Bassinghall Street in the City of London, ignorer to assent or dissent from the payment by the Assignee, out of he said Bankrupt’s estate, of wages due from said Bankrupt’s estate, of wages deform the said Bankrupt to his servant and also to assent or dissent from the said Assignee compromising a claim made by him against a person, debtor to the said Banktipts seta, and accepting a sum of money on account of and in full discharge of such claim; and on other special affairs.

Jackson could not pay his debts.
This appears to be the final legal stage of distributing any remaining monies from John Jackson’s estate to his creditors. This is taking place a decade after the first indication that have that JohnJacksonhad gone into bankruptcy.
This legal delay may indicate that the first reference to John Jackson being bankrupt had been cleared up and that he went back into business only to fall into bankruptcy again?
Certainly it seems surprising that so much space in a national newspaper is given to one man going into bankruptcy as we would predict that there were hundreds of other citizens failing to pay bills at any one time.
It may be that such publicity only occurred when the case involved exceptionally large debts.
It seems highly likely that Thomas Jackson and his brother left England to seek their fortunes in America as a result of their father’s financial failures.