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Quotes for topic: Bankruptcy


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Showing 31-40 of 52 quotes in the topic Bankruptcy

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.

~Daniel Akaka

Topics: Avoid Aware Bankruptcy Card Consumers Credit Credit Card Debt Decisions Effects Financial Imperative Lead Long-Term Make Managing May More Particularly Pitfalls

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You never cash out a 401(k) or IRA to pay off debt, unless it's to avoid a foreclosure or bankruptcy.

~Dave Ramsey

Topics: Avoid Bankruptcy Cash Debt Ira Never Off Out Pay Unless You

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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

Topics: Again Almost Back Bankruptcy Businesses Certain Come Considered File Had Individuals Longer Now Once People Stigma Today Way Wise

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The assumption that Washington could and would resolve Lehman Brothers without a bankruptcy, as it had Bear Stearns, was the single biggest mistake in the series of mistakes in 2007 and 2008 that led to the financial panic and the ensuing epidemic of job losses.

~David Malpass

Topics: Assumption Bankruptcy Bear Biggest Biggest Mistake Brothers Could Epidemic Financial Had Job Led Losses Mistake Mistakes Panic Resolve Series Single Washington Without Would

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Five thousand people every day lose their home because of a medical bankruptcy. Most of them had insurance.

~Debbie Stabenow

Topics: Bankruptcy Because Day Every Every Day Five Had Home Insurance Lose Medical Most People Them Thousand

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After watching Taro reach the brink of bankruptcy, seeing their shares delisted from trading, hearing endless false promises about receiving audited financial statements, and witnessing an unchecked drain of company resources, the shareholders have clearly had enough.

~Dilip Shanghvi

Topics: About After Bankruptcy Brink Clearly Company Drain Endless Enough False Financial Had Had Enough Hearing Promises Reach Receiving Resources Seeing Shareholders Shares Statements Trading Watching Witnessing

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When I came in, the city was on the edge of bankruptcy. I'm proud of what I did. I built the foundation that mayors after me built upon - particularly Bloomberg. But the foundation was essential because if it hadn't occurred, we would have been another Detroit.

~Ed Koch

Topics: After Another Bankruptcy Because Been Built Came City Detroit Did Edge Essential Foundation Mayors Me Occurred Particularly Proud Would I Came

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I can't think of another enterprise other than being a homeowner that can't have its debt restructured in bankruptcy. Corporations can but a homeowner can't? Now with securitization the homeowner can't go to the owner of the loan and work things out.

~Eli Broad

Topics: Another Bankruptcy Being Corporations Debt Enterprise Go Loan Now Other Out Owner Than Things Think Work

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Bankruptcy is about financial death and financial rebirth. Bankruptcy is the great American story rewritten. We're a nation of debtors.

~Elizabeth Warren

Topics: About American Bankruptcy Death Debtors Financial Great Great American Nation Rebirth Rewritten Story

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Some economists estimate that for every family that goes bankrupt, there are about 15 more who are in the same amount of financial trouble and would profit from bankruptcy but just haven't filed.

~Elizabeth Warren

Topics: About Amount Bankrupt Bankruptcy Economists Estimate Every Family Financial Goes Just More Profit Same Some Trouble Who Would

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