Bankruptcy Quotes

Today, certain people file for bankruptcy, businesses and individuals, and it no longer has the stigma it once had. Now it's almost considered wise, a way to regroup and come back again.

As I think through the issue of funding the rebuilding of Iraq, I think about the analogy of a bankruptcy proceeding. There is no doubt that Iraq as a country is bankrupt.

We are confronting a situation in which the Administration, in my view, is once again manufacturing a crisis. There is no crisis in the Social Security system. The system is not on the verge of bankruptcy.

A very difficult year is ahead of us. We must continue our efforts with decisiveness, to stay in the euro, to make sure we do not waste the sacrifices and do not turn the crisis into an uncontrolled and disastrous bankruptcy.

This filing spike is a result of bad information being pushed on people, and then they file for bankruptcy out of fear.

His lack of education is more than compensated for by his keenly developed moral bankruptcy.

This program that the Republican majority has taken us toward as a country is leading us to fiscal bankruptcy.

However, the economics of our business continued to deteriorate. We barely escaped bankruptcy a year ago, and in the aftermath of that escape we had to make some even tougher decisions.

If we don't change, millions of American families are just one medical emergency, or one layoff, away from financial disaster and bankruptcy.

Bankruptcy is a serious decision that people have to make.

The entire exhibitions industry in the United States of America has filed for bankruptcy.

Our schools should get five years to get back to where they were in 1963. If they're still bad maybe we should declare educational bankruptcy, give the people their money and let them educate themselves and start their own schools.

It is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay.

It is imperative that we make consumers more aware of the long-term effects of their financial decisions, particularly in managing their credit card debt, so that they can avoid financial pitfalls that may lead to bankruptcy.

They said it was impossible to touch the third rail of politics, to take on public-sector unions and to reform a pension and health benefits system that was headed to bankruptcy. But with bipartisan leadership, we saved taxpayers $132 billion dollars over 30 years and saved retirees their pensions. We did it.

Ward Churchill might be more valuable to the opponents of the academic left employed than unemployed. Above all, he can serve as a living window into the intellectual, moral, and political bankruptcy of the left.

Bankruptcy represents a longstanding commitment in this country to helping people get a fresh start. This principle has never been giving only certain people a fresh start.

Medical debts are the number-one cause of bankruptcy in America.

When I became CEO of Xerox 10 years ago, the company's situation was dire. Debt was mounting, the stock sinking and bankers were calling. People urged me to declare bankruptcy, but I felt personally responsible for tens of thousands of employees.

There are lots of businesses that are well in excess of $9 billion that have gone into bankruptcy, that have been mismanaged. And that has not served anyone very well.

Family responsibility, yes, and always. Family bankruptcy due to the cruel rules of government, no.

Disappointment is a sort of bankruptcy - the bankruptcy of a soul that expends too much in hope and expectation.

So that this thing that aired in 1963 would result a few years later in personal bankruptcy, would result in having people be on edge with me, wondering when I'm going to blow up.

The unions and the auto companies have been unable to put a deal together that fundamentally restructures the industry. It needs to get done. The only way it's really going to get done is in bankruptcy court. They should have done it six months ago they should do it now.

Al Gore may think Medicare is at a crossroads, but his plan puts it on a highway to bankruptcy.

The moral and constitutional obligations of our representatives in Washington are to protect our liberty, not coddle the world, precipitating no-win wars, while bringing bankruptcy and economic turmoil to our people.

But again, you know, the views that we've expressed are transferring power back from the federal government to the states, giving Alaska an incredible opportunity to expand its economy, especially at a time when our federal government is coming close to bankruptcy.So that is a broad-based appeal. It's not an extreme view.

Imminent GM bankruptcy was always fiction, created by Wall Street and the media.

Even if you were to fall into extreme financial hardship and file for bankruptcy, you need to understand that your student loan debt will not be discharged in bankruptcy. It is the Velcro of all debts.

The necessity of every one paying in his own labor for what he consumes, affords the only legitimate and effectual check to excessive luxury, which has so often ruined individuals, states and empires; and which has now brought almost universal bankruptcy upon us.