DIGEST
The digest printed below was prepared by House Legislative Services. It constitutes no part of the
legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law
or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)]
HB 273 Original 2015 Regular Session Burrell
Abstract: Provides for the repeal of voluntary and forced respite, as respite is no longer used and
has been replaced by federal bankruptcy law.
Present law provides for voluntary and forced respite. Voluntary respite is when all the creditors
consent to a debtor's proposal to pay in a limited time the whole or a part of his debt. Forced respite
is when a part of the creditors refuse to accept the debtor's proposal, and when the debtor is obliged
to compel them by judicial authority to consent to what the others have determined in the cases
directed by law. Provides for procedure governing voluntary and forced respite.
Proposed law repeals present law.
(Repeals C.C. Arts. 3084-3098)