How was debt handled in the change over from the Julian calendar to the Gregorian?

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While I doubt there was much debt involving monthly payments as compared to today, it is known that (any) calender reform caused a lot of confusion that even today confounds historians.

All legal documents were impacted and there even were protests where people reclaimed the days lost as they were believed to shorten their lives.

Theoretically if your debt was due between September 3 and 14 in the Britain of 1752 you'd be off for free as these days never existed. In practice I think that did not happen at all as failure to repay your debts made you a felon and punishment was harsh, the law being very much on the side of the creditor.

In the end I expect people just muddled through with the courts having a field day.

References:
http://www.legislation.gov.uk/apgb/Geo2/24/23/contents
https://en.wikipedia.org/wiki/Dual_dating
https://en.wikipedia.org/wiki/Promissory_note
https://en.wikipedia.org/wiki/History_of_bankruptcy_law
http://mentalfloss.com/article/51370/why-our-calendars-skipped-11-days-1752

Upvote:4

Different societies use different days to start the calendar year. Changing the start date of the year is possibly the most simple change to make to a calendar. Thus in medieval Europe it was possible to travel from one year to another by traveling between places that started their calendar years at different dates.

In England the calendar years started on March 25th from about 1200 AD. Thus March 24, 1250, would be followed in England by March 25, 1251, and 12 months later there would be March 1 to March 24, 1251, followed by March 25, 1252.

England changed the start of the calendar year to January 1 at the same time as adopting the Gregorian calendar, thus making one year a few months shorter.

Added 05-15-2017.

There were, however, legitimate concerns about tax and other payments under the new calendar. Provision 6 (Times of Payment of Rents, Annuities) of the Act stipulated that monthly or yearly payments would not become due until the dates that they originally would have in the Julian calendar, or in the words of the Act "[Times of Payment of Rents, Annuities] at and upon the same respective natural days and times as the same should and ought to have been payable or made or would have happened in case this Act had not been made".

1https://en.wikipedia.org/wiki/Calendar_(New_Style)_Act_17501

http://www.legislation.gov.uk/apgb/Geo2/24/23/contents2

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