Bankruptcy Quotes

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

The worst bankruptcy in the world is the person who has lost his enthusiasm.

Banks are hypocritical to seek bankruptcy restrictions when their irresponsible marketing and extension of credit card debt has been an important cause of rising personal bankruptcies.

Pre-bankruptcy, it was 60-something percent scheduled service. Post-bankruptcy, 60-plus percent military and charter. That's a nice clean way to look at it.

Some even thought it was going to prevent them from filing bankruptcy. For most people who file consumer bankruptcies, the changes were of little or no effect.

The state's position is that the bankruptcy filings in both cases were frivolous and for the sole purpose of delaying the eviction.

GM is holding it over your head that they can file bankruptcy at any time.

What we're saying is the rumor is absolutely false. We are not preparing a bankruptcy filing.

[Long Beach] is on the brink of bankruptcy. They need to continue to run the police and fire departments, on top of all the relief work going on.

You watch. The first thing these airlines will do when they get on the other side of bankruptcy will be to announce exciting new growth opportunities. We'll be off to the races again and headed for another restructuring.

Katrina will be a significant test of how flexible our bankruptcy rules are. Banks have a lot of experience dealing with debtors in difficulty because of natural disasters. The first focus will be on making sure people can meet their immediate financial needs.

The smartest or luckiest thing UAL did was stay in bankruptcy for three years. Had they rushed to confirm a plan, they would likely have needed a return visit to Chapter 11.

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?

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.

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

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

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.

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.

Capitalism without bankruptcy is like Christianity without hell.

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.

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

I am not opposed to sensible bankruptcy law reform, but this [Bankruptcy Abuse Prevention and Consumer Protection Act of 2005] is a reverse Robin Hood - squeeze the down-on-their-luck middle class and impoverished Americans and give the proceeds to the financial services industry.

[Airlines are tired of bankruptcy, too.] Actually, what we've grown weary of are the record-high fuel costs that have masked any of the gains we've made in efficiency, ... it would be a completely different ballgame.

I don't think it (bankruptcy) is going to solve anything.