A Quote by Amelia Warren Tyagi

The fact is, out of all the possible reasons for going bankrupt, only three account for nearly 90 percent of bankruptcy: a job loss, a medical problem, or a divorce. And the fact is that those are exactly the kind of calamities that the bankruptcy courts were designed to help people through.
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.
Half of all people who go bankrupt cite a medical problem as one of the things that drove them into bankruptcy.
Single people slip out of the dating market for many social, economic, psychological, and ideological reasons including marriage, illness, bankruptcy, job promotion, exhaustion, and common sense. Inevitably, however, they return because of divorce, boredom, loneliness, and memory loss.
People are continually pointing out to me the wretchedness of white people in order to console me for the wretchedness of blacks. But an itemized account of the American failure does not console me and it should not console anyone else. That hundreds of thousands of white people are living, in effect, no better than the "niggers" is not a fact to be regarded with complacency. The social and moral bankruptcy suggested by this fact is of the bitterest, most terrifying kind.
You need a clear, legitimate excuse for why you're behind [the bankruptcy], such as a layoff, divorce, or medical emergency. Be prepared to back up the circumstances with supporting documents. Anything you have to substantiate your story - including proof that you have, for instance, been actively looking for a new job - will help.
The heritage of the American Revolution is forgotten, and the American government, for better and for worse, has entered into theheritage of Europe as though it were its patrimony--unaware, alas, of the fact that Europe's declining power was preceded and accompanied by political bankruptcy, the bankruptcy of the nation-state and its concept of sovereignty.
Malpractice tort reform can be something as commonsensical as the establishment of medical courts - similar to bankruptcy or admiralty courts - with special judges to make determinations in cases brought by parties claiming injury.
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.
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.
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 can't have close to 90 percent of those prenatally diagnosed with an intellectual disability being aborted; 90 percent not going to school; more than 90 percent reporting discrimination in the healthcare system; and 90 percent unemployed, and tell ourselves that we're doing a good job. The obstacles to leading a full life for the vast majority of people with intellectual disabilities are far beyond what they should be, and far beyond what we should tolerate. So yeah, I want change.
These are stupid people that say, ‘Oh didn’t Trump declare bankruptcy? Didn’t he go bankrupt?’ I didn’t go bankrupt.
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 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.
It's more likely in America that your parents will file for bankruptcy than divorce. We think of divorce as so prevalent, but we all know that happens because somebody moves out of the house.
I'm only thin-skinned when somebody says bad things that are false. For instance, if you hit me about something that's true, all right, the bankruptcy - I used that as a tool. I didn't ever file for bankruptcy.
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