Law Commons^™

Insolvency-The Co-Debtor As A Factor In Distribution, Fred T. Hanson

Michigan Law Review

The problems in distribution peculiar to claims upon which another is liable with the insolvent have received little critical analysis in judicial decisions. This is largely because the chancery rule, governing the treatment of lienors, is widely accepted as the solution in every instance where one creditor has an exclusive resource from which he may obtain payment wholly or in part.