The scandals associated with these and other incidents prompted the U.S. Congress to pass the Bankruptcy Act of 1800, modeled on English practice, which limited petitioning a creditor for relief to merchants, bankers, and brokers.
The controversies surrounding these cases prompted the U.S. Congress to pass legislation similar to English bankruptcy laws, limiting creditors' access to petitioning for assistance from specific groups, including merchants, bankers, and brokers.