Bankruptcy quotes:

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Bankruptcy is a serious decision that people have to make. -- Herb Kohl
Capitalism without bankruptcy is like Christianity without hell. -- Frank Borman
Know what happens when an individual declares bankruptcy and how it affects his or her life. -- Marilyn vos Savant
Disappointment is a sort of bankruptcy - the bankruptcy of a soul that expends too much in hope and expectation. -- Eric Hoffer
It is said that the world is in a state of bankruptcy, that the world owes the world more than the world can pay. -- Ralph Waldo Emerson
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. -- Ron Paul
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. -- Josiah Warren
Restrict bankruptcy rules. -- Jerry Weller
Bankruptcy as a solution in kind of un-American. -- Thomas W. Horton
Capitalism without Bankruptcy is like Catholicism without Hell. -- Ziad K. Abdelnour
Bankruptcy exposes the economic vulnerability and insecurity of middle class women. -- Elizabeth Warren
Bankruptcy is like losing your virginity. It doesn't hurt the next time. -- Clarissa Dickson Wright
The entire exhibitions industry in the United States of America has filed for bankruptcy. -- Jeffrey Katzenberg
Family responsibility, yes, and always. Family bankruptcy due to the cruel rules of government, no. -- Barbara Mikulski
Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans. -- Robert Reich
His lack of education is more than compensated for by his keenly developed moral bankruptcy. -- Woody Allen
We added Medicare Part D to a system facing bankruptcy and gave no thought to means testing it. -- Bob Inglis
Terrorism, War & Bankruptcy are caused by the privatization of money, issued as a debt and compounded by interest. -- Napoleon Bonaparte
This program that the Republican majority has taken us toward as a country is leading us to fiscal bankruptcy. -- Chaka Fattah
Al Gore may think Medicare is at a crossroads, but his plan puts it on a highway to bankruptcy. -- Dan Bartlett
Bankruptcy is about financial death and financial rebirth. Bankruptcy is the great American story rewritten. We're a nation of debtors. -- Elizabeth Warren
Bankruptcy is a legal proceeding in which you put your money in your pants pocket and give your coat to your creditors. -- Joey Lauren Adams
If we don't change, millions of American families are just one medical emergency, or one layoff, away from financial disaster and bankruptcy. -- Jim Cooper
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. -- Tim Holden
Bankruptcy and repudiation are the springboards from which much of our civilization vaults and turns its somersets, but the savagestands on the unelastic plank of famine. -- Henry David Thoreau
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. -- Tim Johnson
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. -- Gerard Arpey
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. -- Arlen Specter
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. -- David Dinkins
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. -- John Conyers
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. -- Ruben Hinojosa
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. -- Mort Kondracke
The dearth of business activity on the traditional day of rest makes Sunday an ideal time to declare insolvency. Bankruptcy petitions are time-stamped to the minute, instantly dividing a failed company's dealings into pre-bankruptcy transactions and post-bankruptcy transactions. -- Brendan I. Koerner
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 -- William Bennett
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? -- Russ Feingold
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. -- Bill Frist
Bankruptcy is a sacred state, a condition beyond conditions, as theologians might say, and attempts to investigate it are necessarily obscene, like spiritualism. One knows only that he has passed into it and lives beyond us, in a condition not ours. -- John Updike
When an American declares bankruptcy, when he hits bottom, he can reinvent himself. There's a story he can tell. We tolerate reinvention. We encourage reinvention. That's what this country has that Europe does not. It's not just a crisis; it's an opportunity. -- Michael Lewis
The Orderly Liquidation Authority prescribed by Dodd-Frank should be repealed and replaced by an amendment to the U.S. Bankruptcy Code which would operate to prevent cross-default provisions from impacting derivatives books so long as mark-to-market payments are being made in a timely fashion. -- Paul Singer
An expenditure of words without income of ideas will lead to intellectual bankruptcy. -- Ravi Zacharias
Unemployment, foreclosures, bankruptcy - the cure is not more government spending, but helping businesses create jobs. -- Brian Sandoval
You never cash out a 401(k) or IRA to pay off debt, unless it's to avoid a foreclosure or bankruptcy. -- Dave Ramsey
I was able to solve enough big problems along the way that the sheriff didn't come along and put the 'bankruptcy' sign up. -- Fred DeLuca
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. -- Ron Paul
Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would have worked if only the government had spent more. -- Thomas Sowell
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. -- Jane Byrne
Generally speaking, companies get into bankruptcy as a kind of meritocracy. Somebody made some sort of big mistake, to get into bankruptcy, and very often, a part of the mistake is too much leverage. -- Wilbur Ross
It is understandable that the Fed injects cash to avoid the collapse of the stock market, but basically it is bad policy for monetary authorities to intervene to save speculators from bankruptcy. This is not their role. -- Maurice Allais
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. -- William Bennett
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. -- Anne M. Mulcahy
A normal way that the American free market system has worked is that we have a process of unwinding. It's called bankruptcy. It doesn't mean, necessarily, that the industry is eclipsed or that it's gone. Often times, the phoenix rises out of the ashes. -- Michele Bachmann
As president of the International Brotherhood of Teamsters, I have seen private equity firms plunder company after company, taking rich fees for themselves and cutting costs until there's nothing left to cut. Time and again I've seen their reckless behavior drive companies to declare bankruptcy. -- James P. Hoffa
The story of Detroit's bankruptcy was simple enough: Allow capitalism to grow the city, campaign against income inequality, tax the job creators until they flee, increase government spending in order to boost employment, promise generous pension plans to keep people voting for failure. Rinse, wash and repeat. -- Ben Shapiro
Bipartisanship has taken us to the brink of bankruptcy. We don't need bipartisanship, we need application of principle... Where was the call for bipartisanship during the Obamacare debate? Not a single Republican voted for it. It wasn't about bipartisanship, it was about having the votes to dictate your will. -- Richard Mourdock
Socialism is the gradual and less violent form of communism, and socialist is the project of the European Union, which was born in Maastricht in 1992. The intent was to save socialism in Europe after the fall of the Berlin Wall and the predictable bankruptcy of the welfare state in the West as well. -- Vladimir Bukovsky
Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It's a trap for the rest of your life because the laws are designed so that you can't get out of it. If a business, say, gets in too much debt, it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy. -- Noam Chomsky
War is a bankruptcy of policy -- Hans von Seeckt
Legalized gambling is the leading cause of bankruptcy -- John Warren Kindt
I don't think a bankruptcy is a good thing. -- Henry Paulson
Unlimited activity, of whatever kind, must end in bankruptcy. -- Johann Wolfgang von Goethe
I feel somewhat responsible for the Borders Books bankruptcy. -- Susan Orlean
Renunciation of thinking is a declaration of spiritual bankruptcy. -- Albert Schweitzer
Capitalism has resulted in material well-being but spiritual bankruptcy. -- Jeffrey Eugenides
I think there will be no government bankruptcy in Greece. -- Wolfgang Schauble
Medical debts are the number-one cause of bankruptcy in America. -- Barbara Ehrenreich
There's a danger our fiscal bankruptcy might overtake our moral bankruptcy. -- Mort Sahl
Respondents had been so overwhelmed by their in-box they'd declared "e-mail bankruptcy. -- Susan Maushart
A Fed loan to Lehman Brothers would not have prevented a bankruptcy. -- Henry Paulson
If a company can declare bankruptcy, why can't a country do so? -- Pope Francis
If you destroy a firm, you can't pull it out of bankruptcy overnight. -- Joseph Stiglitz
To answer brutality with brutality is to admit one's moral and intellectual bankruptcy. -- Mahatma Gandhi
The path we're on has taken the USA to the brink of bankruptcy. -- Ted Cruz
The government cannot become a bailout organization for companies on the verge of bankruptcy. -- Martin Winterkorn
The worst bankruptcy in the world is the person who has lost his enthusiasm. -- William Howard Arnold
A bankruptcy judge can fix your balance sheet, but he cannot fix your company. -- Gordon Bethune
I had to escape the destruction of my fathers bankruptcy and all that difficulty. -- Brendan Coyle
Anybody who knows about capitalism knows that bankruptcy is an essential part of capitalism. -- Joseph Stiglitz
I don't care if New York avoided bankruptcy by substituting tourism for the garment business. -- Fran Lebowitz
We do not project power from bankruptcy court. We're borrowing a million dollars a minute. -- Rand Paul
Most unfortunately, Enron's plunge into bankruptcy court also cost many of its rank-and-file employees their savings. -- Alex Berenson
You stand the risk of bankruptcy, because you refused to take risks. So life demands risks. -- Sunday Adelaja
Nevada was hit hardest by the recession - highest unemployment, highest foreclosure rate, highest bankruptcy rate. -- Brian Sandoval
The women who file for bankruptcy played by all the rules, but they are still in economic freefall. -- Elizabeth Warren
Power ... was the coin of the Washington realm and, without it, you might as well file for bankruptcy. -- Elizabeth Ray
Five thousand people every day lose their home because of a medical bankruptcy. Most of them had insurance. -- Debbie Stabenow
The twentieth century was the bankruptcy of the social utopia; the twenty-first will be that of the technological one. -- Nassim Nicholas Taleb
Greece bankruptcy will trigger a market crash. My advice: Buy Bitcoin & Gold, Both will rise when the markets crash -- Kim Dotcom
These are stupid people that say, `Oh didn't Trump declare bankruptcy? Didn't he go bankrupt?' I didn't go bankrupt. -- Donald Trump
When we see the bankruptcy, slavery, and vanity of everything else, we can finally say, "?To die is gain.' -- Matt Chandler
Half of all people who go bankrupt cite a medical problem as one of the things that drove them into bankruptcy. -- Amelia Warren Tyagi
Love is the most valuable currency of life which you can spend as much as you want without the risk of bankruptcy. -- Debasish Mridha
This filing spike is a result of bad information being pushed on people, and then they file for bankruptcy out of fear. -- Steve Bartlett
We are continuing this policy in bleeding America to the point of bankruptcy. Allah willing, and nothing is too great for Allah, -- Osama bin Laden
A great love is a credit opened in favor of a power so consuming that the moment of bankruptcy must inevitably occur. -- Honore de Balzac
Together with a team of financial and legal experts I have spent months exploring all possible alternatives to bankruptcy but to no avail. -- Shane Filan
Saving New York City from bankruptcy is like making love to a gorilla. You don't stop when you're tired; you stop when he's tired. -- Felix Rohatyn
When a political opponent resorts to the racist card, it's a sure sign of moral bankruptcy: there's no decent argument left in the armoury. -- Alex Morritt
When people are collecting gold they aren't doing business. ... Gold is constipation: even bankruptcy is more fluid. Gold isn't wealth: positions in markets are wealth. -- Christina Stead
If India is not to declare spiritual bankruptcy, religious instruction of its youth must be held to be at least as necessary as secular instruction. -- Mahatma Gandhi
The Original Sin which brought us to the brink of bankruptcy and dictatorship was the Federal Income Tax Amendment and its illegitimate child, Federal Aid. -- Tom Anderson
The right hon. Gentleman will be known for ever as the only Chancellor in the post-war period who brought this country to the brink of bankruptcy. -- Denis Healey
If there were such a thing as Chapter 11 for politicians, the Republican push to extend the unaffordable Bush tax cuts would amount to a bankruptcy filing. -- David Stockman
When we talk about Donald Trump business, he has taken business bankruptcy six times. There are a lot of great businesspeople that have never taken bankruptcy once. -- Hillary Clinton
I was so glad I did Beauty and the Beast. I always wanted to act, and if the bankruptcy thing hadn't happened, I wouldn't have started acting. -- Toni Braxton
The thing that's really important to understand is, the last thing an empire traditionally does is drive itself into bankruptcy. You've seen that with the great empires. -- Juan Enriquez
In the 1970s, New York City avoided bankruptcy because wise political leaders like Gov. Hugh L. Carey believed both in strong labor unions and robust banks and companies. -- Felix Rohatyn
Lastly, there is bankruptcy, as the United States pours its economic resources into ever more grandiose military projects and shortchanges the education, health, and safety of its citizens. -- Chalmers Johnson
Most women file for bankruptcy in the aftermath of a serious medical problem, a job loss, or a family break up. It is hard to protect against those. -- Elizabeth Warren
Credit default swap gives you something to do. You can buy some credit default swaps from them to protect yourself against the bankruptcy of people who owe you money. -- Robert F. Engle
I understand how important the automakers are to America. And I understand a bankruptcy; a failure in that industry wouldn't be a good thing. It's something we should avoid. -- Henry Paulson
There is a tendency in things to right themselves, and the war or revolution or bankruptcy that shatters rotten system, allows things to take a new and natural order. -- Ralph Waldo Emerson
The Stock Market was down today. Two major businesses declared bankruptcy, consumer spending is at an all time low - in other words, Bush is back on the job. -- Jay Leno
In business, poor performance leads to bankruptcy or, at a minimum, a restructuring of the company. In American education, failure entitles the bankrupt system to even more taxpayer dollars. -- Cal Thomas
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. -- Paul Sarbanes
Catholic dioceses typically spent hundreds of thousands of dollars recklessly, then filed for bankruptcy. The goal was to avoid the money going to the hands of victims of predator priests. -- Dan Rather
The immense and ever increasing sums which the state wrings from the people are never enough for it; it mortgages the income of future generations, and steers resolutely toward bankruptcy. -- Peter Kropotkin
By abstaining from all definite content, whether as formal logic and theory of science or as the legend of Being beyond all beings, philosophy declared its bankruptcy regarding concrete social goals. -- Theodor Adorno
In 15 years from now half of US universities may be in bankruptcy ... in the end I'm excited to see that happen. So pray for Harvard Business School if you wouldn't mind. -- Clayton Christensen
Socialized medicine must fail for the same reasons all socialism must fail: it offers no system for rationally allocating resources, and instead promotes the overutilization of all resources, ending in bankruptcy. -- Llewellyn Rockwell
Government should stand behind its currency and credit and the bank deposits of the nation. No individual should suffer a loss of money through depreciation or inflated currency of Bank bankruptcy. -- Abraham Lincoln

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