Post by McGuffin on Feb 19, 2010 23:56:49 GMT -5
A Writ of Debt is a legal document that can be entered in to where one party (the lender) pays or loans money on the behalf of a second party (the debtor). The debtor voluntarily signs this agreement. The Writ of Debt allows the lender to collect any and all income from the debtor, until the amount is repaid in full. The Writ’s authorize the lender to require that the debtor work to repay it or face penalties from the crown such being sent to debtor’s prison and other forms of punishment.
Writs are issued by the banks similar to bank notes. Payments that are made are done in front of a banker and notarized by the banker on behalf of the crown as an agent empowered to maintain the legal documents. These debts can be bought and sold for more or less than the value of the debt amount depending on all sorts of facts such as the likely ability of the borrower to ever repay it.
Writs of Debt are largely considered by most people in Cormyr to be dirty underhanded legal tricks and most people have a strong distain for them. No one enters in to Writ unless they think they can make a quick profit from it or have absolutely no other choice in the matter due to current circumstances.
This is essentially a voluntarily self imposed legal slavery. However certain aspects are protected which allow them to exist without being outlawed as slavery has been.
No person can be forced in to entering a Writ of Debt through any magical means or extortion, blackmail, or fraud. They can only be entered in to voluntarily.
A borrower cannot be forced to do work that would jeopardize their life.
A borrower cannot be forced to do work that is illegal.
A borrower cannot be forced to repay the debt through prostitution.
A borrower cannot be forced to do work that is against their religion.
However beyond that cruel hard labor and humiliating and disgusting types of work can be freely imposed in order to pay the debt.
Violations of Writ of Debt’s regulations are not to be enforced by RCHM but instead reported to and handled by the local authorities. (IE Guards through a DM )
*Added*
This is a device for an ongoing plot that I have. This is not to be used to transfer any wealth from player to player.
This is for DM's and NPC to NPC or PC to NPC role play only. If you want to role play something like this between players you must do through a DM.
Writs are issued by the banks similar to bank notes. Payments that are made are done in front of a banker and notarized by the banker on behalf of the crown as an agent empowered to maintain the legal documents. These debts can be bought and sold for more or less than the value of the debt amount depending on all sorts of facts such as the likely ability of the borrower to ever repay it.
Writs of Debt are largely considered by most people in Cormyr to be dirty underhanded legal tricks and most people have a strong distain for them. No one enters in to Writ unless they think they can make a quick profit from it or have absolutely no other choice in the matter due to current circumstances.
This is essentially a voluntarily self imposed legal slavery. However certain aspects are protected which allow them to exist without being outlawed as slavery has been.
No person can be forced in to entering a Writ of Debt through any magical means or extortion, blackmail, or fraud. They can only be entered in to voluntarily.
A borrower cannot be forced to do work that would jeopardize their life.
A borrower cannot be forced to do work that is illegal.
A borrower cannot be forced to repay the debt through prostitution.
A borrower cannot be forced to do work that is against their religion.
However beyond that cruel hard labor and humiliating and disgusting types of work can be freely imposed in order to pay the debt.
Violations of Writ of Debt’s regulations are not to be enforced by RCHM but instead reported to and handled by the local authorities. (IE Guards through a DM )
*Added*
This is a device for an ongoing plot that I have. This is not to be used to transfer any wealth from player to player.
This is for DM's and NPC to NPC or PC to NPC role play only. If you want to role play something like this between players you must do through a DM.