Bankruptcy Quotes

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.

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.

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.

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.

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

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.

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.

In this most powerful nation in the world, lack of access to health care should not force local and state governments, companies and workers into bankruptcy, while causing unnecessary illness and hospitalization.

Personal savings accounts to me are one of the most powerful things, not necessarily in saving, solvency, or bankruptcy of the program, but in guaranteeing, the words I used a few minutes ago, a safe and secure retirement for our seniors.

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.

Together with a team of financial and legal experts I have spent months exploring all possible alternatives to bankruptcy but to no avail.

Capitalism without bankruptcy is like Christianity without hell.

High bankruptcy rates, increased credit card debt, and identity theft make it imperative that all of us take an active role in providing financial and economic education during all stages of one's life.

When there were fears about the future of this nation's older cities... when a few of the cities teetered on the brink of bankruptcy, all eyes were focused on Chicago for contrast.

Restrict bankruptcy rules.

In 1997, the National Bankruptcy Review Commission recommended that chapter 12 of the Federal Bankruptcy Code, the chapter that contains bankruptcy protection for family farmers, be made permanent.

We added Medicare Part D to a system facing bankruptcy and gave no thought to means testing it.

Know what happens when an individual declares bankruptcy and how it affects his or her life.

The 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.

What is the harm of doing the right thing? What is the harm of doing our job as legislators and making sure we do not stick the entire bankruptcy community with these provisions that do not make any sense?

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.