A Quote by Eric Hoffer

Disappointment is a sort of bankruptcy - the bankruptcy of a soul that expends too much in hope and expectation.

Eric Hoffer

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Eric Hoffer
American - Writer
July 25, 1898 - May 21, 1983

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

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

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

With money come the tests. My bankruptcy, which at the time I thought was a disaster, turned out to be a major blessing. It taught me so much! Money is not only an isolator, but it's a magnet, too. It draws all kinds of people to you - you may not want them but it draws them to you anyway. The reverse of that, a bankruptcy, sends everybody away.

Leslie Parrish

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

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

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.

Suze Orman

I became a professor myself, teaching bankruptcy and consumer protection. I conducted a national study of mortgage companies in bankruptcy. And what I found was that big banks routinely broke the law.

Katie Porter

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

Elizabeth Warren

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.

Donald Trump

There's a danger our fiscal bankruptcy might overtake our moral bankruptcy.

Mort Sahl

When I went to law school, I took a bankruptcy class with then-professor, now-Senator Elizabeth Warren. And I'll never forget that first day of class, hearing her talk about the importance of the bankruptcy system.

Katie Porter

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

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.

Amelia Warren Tyagi

Even if you feel like your debt is just never going to go away, think long and hard before declaring bankruptcy. Declaring bankruptcy means that getting a loan for anything will be next to impossible for the next 10 years.

Alexa Von Tobel

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.

Hannah Arendt

A Quote by Eric Hoffer

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