I.   Introductory Provisions

Bankruptcy is a supremely wicked and insane pseudo ecclesiastical philosophy first invented in the 16th Century in England through influence of Pisan and Venetian nobles, to imply the spiritual, mental and physical insolvency of people through blatant profanity of Sacred Law, the intentional sacrilege of Christian doctrine, moral repugnancy against the Rule of Law and Justice and deliberate theft, cheating and deception of Rights and Property for the benefit of private interests. Simply, Bankrupcty is the perverted and mentally deranged philosophy of “monetizing sin” through the salvation of spiritual and moral insolvency.

Bankruptcy as the “commercial” side of the “monetization of sin” has always depended upon the platform of wicked and false doctrines first created for the purely commercial churches of piracy and theft sponsored by the Pisan and Venetian interests variously known as the “Pro Teste Ante” or (Churches) “for the witness of evil” beginning at the start of the 16th Century:

(i) Peccatum Originale (‘original sin’) was first born through the Augsburg Confession of Faith in June 1530 – a full fifteen years before such wickedness and falsity was confirmed at the 5th Session of the Council of Trend as the doctrine of the Roman Death Cult, also known as the Roman Catholic Church. The doctrine of Original Sin states that just as an inheritance of property is transferrable from one (1) generation to another, because of the transgressions of our ancestors (Adam and Eve), all infants are born with hereditary impairment (stain or debt) which disenfranchises them and their heirs from claiming all rights of use originally promised, granted and bestowed to all men and women by the Divine Creator – hence all men and women are born “spiritually insolvent”. Furthermore, the transgressions of our ancestors (Adam and Eve) were so grievous against the Divine Creator that each generation is condemned (damned) to a single life of mortality, pain and suffering in a world of purgatory (Mundi) representing the general absence of the active presence of the Divine Creator until the End of Days. Finally, the transgressions of our ancestors (Adam and Eve) has caused all infants to be born devoid of sanctity and grace, therefore placing their souls in “moral jeopardy” for an eternity in hell unless their souls are commended through baptism to be “salvaged” to the Roman Death Cult; and

(ii) In Mundi (‘in the underworld’) states that the original doctrines of Catholicism, Christianity and the Nazarene faith taught by Jesus Christ is wrong. Instead, mankind is condemned for a period to ‘live’ on the Earth and be tested as if it were “between worlds” like Dionysus or Persephone in the 4th Century BCE Orphic Greek Mysteries or their copy as Bacchus in the Elysium Roman Mysteries. Contrary to false definitions, Mundus (Mundi) was equivalent in the Elysium doctrines to Ταίναρος (Tainaros) in the Orphic doctrines, while Inferno (Hell) in Latin was equivalent to Τάρςος (Tarsos) in Greek; and

(iii) Rex Mundi (‘Christ is Satan as King of the Underworld, not Jesus) states that the savior of men trapped in the Underworld is Satan, also known as Sabaoth, Ba’al and Moloch as “King of the Underworld” not Jesus. Instead, Jesus is merely a mythical symbol and while may be spoken of as being “real” to the creatures, he did not exist, therefore permitting contrary doctrines to be established; and

(iv) Divina Gratia (‘divine grace’) or “unmerited mercy” is a form of credit created by “god” through the sacrifice and blood of Christ and therefore is only granted by Christ as rex mundi (‘king of the underworld’) to sinners for their “salvation” as a form of “offset” and balancing of the spiritual ledger; and

(v) Summa Pontificis (‘supremacy of the ferryman’) states that the Pontifex as the Ferryman of Satan (from pontis meaning “boat” and fex / faex meaning “mortal remains (of people), refuse”) is the supreme judge of those men and women granted eternal life in Heaven, or the damnation of the fires of Hell; and

(vi) Omnes Debita Esse Solvenda (‘all debts (to the ferryman) must be paid’) states that all debts demanded and owed to the Pontifex and his attendants as supreme Ferryman of Satan must be paid in order to escape Mundi and be granted eternal life; and

(vii) Salvatio (‘salvation or salvage’) states that only those men and women who ‘die to sin’ and actively petition, receive and accept the processes of “salvage” through the seven (7) Roman Death Cult sacraments shall be eligible to “eternal life” in heaven. The first “salvage operation” is at baptism whereby the infant “dies to original sin” and is then welcomed into the world of purgatory (mundus) to be known as a person being a type of corporation (from persona, originally Latin for “death mask” in the ritual of burial of the dead and the settlement of all debts); and

(viii) Magister Mundi Laborare (‘the teacher of the world is suffering’) states that it is through suffering, hardship, pain, hunger and self deprivation we discover the deeper nature and purpose of Lord God, also known as Sabaoth (Satan) and that the life of creatures (the masses) is to suffer, while the life of the few “illuminated men” is liberty and the “pursuit of happiness”; and

(ix) Veritas te Liberum (‘the truth (of hermeneutic wisdom) shall set you free’) states that only those that choose to live life as an apostolic mendicant minister in the way of Hermes (Mercury) as a messenger of the gods, being “in the world, not of the world” shall find freedom. The new Hermes being Παύλος από Τάρςος (Paul from Tarsus) or simply “Paul from Hell” who is responsible for leading “illuminated” souls to Lord God or Sabaoth (Satan). Hence, all other people are "mentally insolvent" and idiots and lunatics; and

(x) Quidam Sunt Super Legem (‘some are above the law’) states that by virtue of some men and women such as apostolic mendicant ministers being not of the world, they are “above” the laws of the underworld and therefore not subject to them; and

(xi) Corporations (‘funeral rights (activities) of dead corpse’) states that a dead body (corpse) may be given temporary life by mortmanes (dead ghost). Yet, because a corporation is a spiritual fiction not an heir to first man or woman, it is not subject to the disenfranchisement of all rights of use to land and property applied to men and women because of original sin. Furthermore, because a corporation is already dead, it can “exist” forever in mundus (“the underworld”) and purgatory. Hence all people are physically and "financially insolvent"; and

(xii) Spiritus Sancti (‘holy ghost of Mari’) states that it is only the “Holy Ghost” that breathes “life” back into dead bodies and therefore is only the mortmanes that breathes life into a corporation or company. Therefore, all companies and corporations only exist according to spiritus sancti and are legal subsidiaries of the first formed corporations and companies of the 16th Century; and

(xiii) Persona (‘death mask') also known as person is a type of corporation granted to each man and woman who willingly ‘dies to sin’, undergoes the “salvage of baptism” and is reborn into the world of mundus (purgatory or underworld). While the man or woman is not entitled to any inherit rights or privileges because of Peccatum Originale (‘original sin’), the person may be assigned certain inherit rights of use and privileges. However, a man or woman loses the right to use such privileges when he or she continues to transgress, refuse absolute obedience or to be subject to further atonement and penance.

In terms of the events and intrigues of the Pisan, Venetian and English leading to the first formation of the concept of “Bankruptcy”:

(i) All references to the word Bankruptcy prior to the reign of King Henry VIII of England (1509-1547) are a deliberately fraud designed to hide the provenance of the word and its connection to the false doctrine of “original sin” in the 16th Century CE; and

(ii) Contrary to deliberately false accounts, at the time of King Henry VIII ascending to the throne in 1509 upon the death of his father Henry VII (1485-1509), the Economy of England remained in depression due to over taxation and the treasury of the Crown was broke due to heavy debts for the pyrrhic War of the Roses and the failed campaigns to recapture Brittany from the French (estimated to cost at least £120,000 (£90m in 2014), with annual revenues less than £90,000 (£68m in 2014); and

(iii) In 1513 CE, King Henry VIII (1509 - 1547) re-established secret diplomatic relations with Venice through Venetian Ambassador Francesco Guillaumo Zorzi (b.1466 - d.1536), also known as Desiderius Erasmus and William of Tindal. Morosini family financial support through the Bank of Pisano in Venice of at least 20,000 gold ducats £2,433,000 (£1.8b in 2014) helped create the Royal Navy and hire a professional Venetian mercenary army of at least 30,000 that saved England and enabled King Henry to respond to the threat of James IV of Scotland after the failed invasion of France earlier in the year; and

(iv) By 1514 CE, Francesco Guillaumo Zorzi succeeded in introducing Tommaso Morosini (b.1485 - d.1540) also known as “Thomas the Moor”, “Thomas the sorcerer”, the son of Nicolò Morosini, to English Court. In the same year, Tommaso Morosini was made 1st Earl of Essex and married the younger sister to Henry named Elizabeth Tudor (b. 1492 - d.1527), who contrary to deliberately false history, did not die at age three (3); and

(v) By 1519, the Morosini controlled Bank of Pisano in Venice agreed to provide King Henry further loans approximating 25,000 gold ducats or £3,042,000 (£2.9b in 2014) equivalent to more fifty four times the normal annual revenues of the Crown; and

(vi) In 1519 CE, following the initial failed progress of the Wittenberg Project, the famous Rabbi Leo ben Judah ibn Tibbon (b. 1482 - d. 1542), also known as “Leo Juda” from the Venetian University of Candia, were sent to Rector Philip von Hohenheim (b.1493 – d.1541) of the Hohenheim dynasty controlling the Venetian University of Basel, Switzerland. The Venetians placed noble Nicolò Guillaumo Zorzi (b. 1484 - d. 1531) also known by the anagram “rich bounty (is) mandatory to him” or huld+rich+zwin+gli , brother of Andreasio Michiel Zorzi (b. 1481 – d.1553) and cousin to Francesco Guillermo Zorzi (b.1466 - d.1536) in charge with the goal of developing a new religion based on converting “nominally” Christian descendents of merchants, bankers and traders to rise up against Emperor Charles V Hapsburg (1516 - 1556) of Spain; and

(vii) In 1526 CE, Francesco Guillaumo Zorzi and the Tommaso Morosini were instrumental in establishing the League of Cognac formed between England, France and Venice against the rising power of Spain, Germany, Netherlands and the Hapsburgs. Tommaso Morosini was appointed Lord Chancellor and chief minister of King Henry VIII (1509 - 1547) as well as the title 1st Earl of Essex. The previous Lord Chancellor Thomas Wolsey (1515 - 1526) was proclaimed an agent of Spain, his home Hampton Court was seized and he was stripped of all titles except his ecclesiastical position of York where he was forced into exile until his death in 1530. In 1527, Elizabeth Tudor, wife of Thomas Morosini died; and

(viii) In 1529 CE, Lord Chancellor Thomas Morosini (1525 - 1540) was appointed as Speaker of the Westminster of the infamous “Reformation Parliament” which introduced the new legal frameworks of Venetian-Roman Death Cult Law. On the 8th July 1536, Thomas Morosini was made officially Baron Cromwell, or Chief Advisor of the Will of the King (Henry). Between 1525 and 1530 the Bank of Pisano in Venice loaned Henry VIII a further 21,000 gold ducats or £2,555,000 (£1.9b in 2014); and

(ix) In 1529 CE, Lord Chancellor Thomas Morosini (1525 - 1540) was also appointed Rector of the University of Cambridge with Rector Cardinal Niccolò Giovanni Fieschi (1456-1526) of Genoa, also known as John Fisher arrested as a spy and executed; and

(x) In 1530 CE, Lord Chancellor Thomas Morosini (1525 - 1540) secured a number of leading academics to come to the University of Cambridge following the purge including Ricardo Giovanni Pico (b.1487-d.1541), also later known as Richard Cecil, son of world famous intellectual Giovanni Pico (b.1463-d.1494) and creator of De hominis dignitate or “Oration on the Dignity of Man”; and

(xi) The Ausburg Confession of Faith at the Diet of Augsburg in June 1530, confirmed the Pro Teste Ante doctrines essential to forming a commercial religion for the monetization of sin and the corruption of Sacred Law and the Christian faith. These new doctrines were not adopted into the Roman Death Cult controlled Roman Catholic Church for a full fourteen more years at the first sessions of the Council of Trent; and

(xii) In 1531 CE, following the destruction of the University and city of Basel in Switzerland, the Venetians sent a mercenary force under the command of Andreasio Michiel Zorzi (b. 1481 – d.1553) to Switzerland and Zurich was then destroyed in retaliation. The city of Geneva was then captured and peace terms obtained with the remaining Swiss Cantons. Work immediately started on the creation of the University of Geneva with several leading scholars brought from the University of Candia under Rabbi Johan ben Gershon ha-Kohen (b. 1509 - d. 1564), also known as “John Calvin” appointed as the new Rector; and

(xiii) Given the estrangement of Henry VIII with the Vatican, The Bank of Pisano in Venice proposed the compromise in securitizing its 66,000 gold ducat loans (plus interest) to England by proposing the establishment of “Bankrupcty Funds” using the new doctrines of Protestantism, whereby Henry and the nobles would keep their power, but the Bank of Pisano would become the “Central Bank”. Thus in 1534 the first Fund in the case of a special Fund for General Receipts and Repayments for Default of Loans, Penalties and Interest owed to Private Bankers, also known as a Tax Fund or Taxes or “General Revenue” by a government or country has operated for a Term of Life or Years of approximately seventy (70) years since 1534 and King Henry VIII of England (26 Hen.8. c.1) when all first fruits, use and energy of the people of England and Wales was seized in the name of the King as Supreme Spiritual Head of a new type of Church (Church of State); and

(xiv) In 1534 CE, Andreasio Michiel Zorzi (b. 1481 – d.1553) left Geneva for England and then Ireland to assist Lord Chancellor Thomas Morosini (1525 - 1540) in putting down an Irish rebellion. As reward, he was appointed Lord Deputy of Ireland, a position he kept until his death in 1553 CE; and

(xv) The first Fund in the case of a special Fund for Hypothecation and Security of Loans and Future Obligations to Private Bankers, also known as a Capital Fund or Insurance Fund has operated for a Term of Life or Years of approximately seventy (70) years since 1535 and King Henry VIII of England (27 Hen.8. c.28) when all the homes, lands and tenements of people valued at less than 200 pounds were declared “religious houses” and subjects of the “Church of England” as “spiritual persons” and seized in the name of the King. The net effect was an increase in general revenues of around £140,000 (£105m in 2014) per year; and

(xvi) The first Funds in the case of a special Fund for the Payment, Settlement and Discharge of Obligations, Debits and Debts of the Kingdom, also known as a Monetary Fund has by custom operated for a Term of Life or Years of approximately seventy (70) years since 1541 and King Henry VIII of England (33 Hen.8. c.39) when the first Privately owned Central Bank was established as the Court of Exchequer and given the absolute powers to use its Private Stock (Exchequer Bills) as Public Money to discharge the obligations of the Crown in the name and seal of the King.

The essential morally repugnant legal concepts and deliberately deceptive, false and immoral commercial concepts upon which Bankruptcy has operated since the 16th Century are:

(i) That all people are essentially sinners by virtue of “Original Sin” and therefore spiritually insolvent and disinherited of any Rights and Property; and

(ii) That any property people possess, is “right of use” administered by corporations “for their welfare, charity and benefit” via Estates and that if people do not obey the rules of the guardians and trustees, then such “privileges” may be taken at any time; and

(iii) That all people, other than those who are willing to learn the system of the ruling elite, and pledge loyalty to its secret fraternities are basically idiots and lunatics who and mentally insolvent and therefore legally incapable of making decisions or hearing the truth; and

(iv) That all people, other than members of fraternities or in positions rendered “immune” by corrupt and arbitrary laws to make one law for the wealthy and one for everyone else are essentially “insolvent debtors” and already guilty and debtors, with the elite empowered to do whatever they deem fit, providing any action does not cause rebellion against the disenfranchised and all who have had their inheritance stolen, abused and wasted by these elite families and their supporters; and

(v) The agents for the bank are under no obligation to reveal the interests of the bank, or provide any accounting of assets seized and held under Cestui Que Vie Trusts, or reveal any ongoing bankruptcy funds, or provide honest answers, or divulge the forms of law, or procedures of the courts, or the correct forms to use unless such person submits absolutely to the power of the court as agents for the bank to do what they deem fit.

The historic acts of Bankruptcy have always been driven from Westminster and are:

(i) in 1542, through 34 and 35 Hen. VIII. c. 4 was directed against fraudulent debtors, and gave power to the lord chancellor and other high officers to seize their estates and divide them among the creditors; and

(ii) In 1570, through 13 Eliz. c. 7 restricted bankruptcy to traders, and prescribed certain acts by committing which a trader became a bankrupt. Commissioners appointed by the lord chancellor were granted powers to seize the person of the bankrupt and divide his property among the creditors; and

(iii) In 1705, through 4 Anne c. 17 and in 1711 through 10 Anne c. 15 took away the criminal character hitherto borne by the proceedings, and allowed a debtor, with the consent of a majority of his creditors, to obtain a certificate of having conformed to the requisitions of the bankrupt law, which, when confirmed by the chancellor, discharged his person and his after-acquired property from debts due by him at the time of his bankruptcy; and

(iv) In 1825, through 6 Geo. 4. c. 16 a debtor was finally allowed to procure his own bankruptcy (an arrangement previously regarded as fraudulent), and introduced the principle of deeds of arrangement between debtor and creditors without a public bankruptcy; and

(v) In 1831, the elements of the Bankruptcy Court were established through 1 & 2 Will. 4. c. 56 established the Court of Bankruptcy, consisting of six commissioners, along with four judges as a Court of Review, and appointed official assignees to get in the bankrupt's estate on behalf of the creditors; and

(vi) In 1847 jurisdiction in bankruptcy was again restored to the Court of Chancery by the appeal being transferred to that court. The Bankrupt Law Consolidation Act, 1849, effected several alterations in the system. Proceedings were to begin by a petition to the Court of Bankruptcy instead of a fiat out of Chancery. The commissioners were authorized to award certificates, classified according to the merit of the bankruptcy. In the first class the insolvency was declared to be due to misfortune; in the second, not entirely to misfortune; and in the third, not at all to misfortune. Certain specified offences deprived the bankrupt of all right to a certificate, and made him liable to a criminal prosecution. The Act of 1849 also validated private arrangements by making a composition, accepted by nine-tenths of a bankrupt's creditors, binding upon the rest; but it was decided subsequently by the courts that, to make such a composition binding, it must be accompanied by a complete cessio bonorum.

(vi) The Bankruptcy Act, 1861, made non-traders subject to the law of bankruptcy, and empowered a majority in number, and three-fourths in value, of the creditors to bind the minority without a cessio bonorum. This arrangement was found to lead to private and fraudulent compositions and in consequence by an Amendment Act in 1868 enlarged powers were given to non-assenting creditors

(vii) The Bankruptcy Act, 1869, abolished the role of commissioners, and the subordinate staff was to be transferred to the new court. The chief judge in bankruptcy is to be a judge of one of the Superior Courts of Law and Equity; and hitherto the office has been held by one of the acting vice-chancellors. Appeals from the county courts in bankruptcy go to the chief judge, and appeals from the chief judge to the Court of Appeal in Chancery, and thence occasionally to the House of Lords. Official assignees were abolished; and trustees, who should be creditors, are to be appointed to distribute the bankrupt's estate, while the creditors may appoint a committee of inspection to superintend the operations of the trustees; and

(viii) The Bankruptcy Act of 1883 (46 & 47 Vict c 52) (repealed entirely 1989) standardized small bankruptcies by all being commenced by a petition known as a "receiving order" which could be presented either by the debtor or creditor for composition or liquidation; and

(ix) The Bankruptcy Act of 1890 (53 & 54 Vict c 71) (repealed entirely 1989); and

(x) Bankruptcy Act 1914 (4 & 5 Geo. 5. c.59)