Top 291 Bankruptcy Quotes & Sayings

Medical debts are the number-one cause of bankruptcy in America.

War is a bankruptcy of policy

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.

If a company can declare bankruptcy, why can't a country do so?

The Bankruptcy Reform Act of 2005 made it harder for individuals to file bankruptcy, which is always the last resort. Unfortunately, simultaneously consumers racked up so much debt that counseling companies - which are higher up on my list if you need help managing your debt - are sometimes unable to help. So if you fall into this camp, debt settlement may be something to consider.

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

I think there will be no government bankruptcy in Greece.

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.

Bankruptcy is like losing your virginity. It doesn't hurt the next time.

Netanyahu's government and its faulty and politicized priorities are leading Israel into bankruptcy.

We ought to have a platform to plan to save Medicare from bankruptcy.

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.

A Fed loan to Lehman Brothers would not have prevented a bankruptcy.

I don't care if New York avoided bankruptcy by substituting tourism for the garment business.

The entire exhibitions industry in the United States of America has filed for 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.

I declared bankruptcy, and that was the worst thing I ever should have done.

Unlimited activity, of whatever kind, must end in bankruptcy.

The twentieth century was the bankruptcy of the social utopia; the twenty-first will be that of the technological one.

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.

Renunciation of thinking is a declaration of spiritual bankruptcy.

Know what happens when an individual declares bankruptcy and how it affects his or her life.

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.

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

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

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.

I had to escape the destruction of my fathers bankruptcy and all that difficulty.

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.

In 1978, we adopted a new Bankruptcy Code in the United States, and a principal part of this was designed to adjust to the new corporation, to find ways to let a corporation that had gotten into financial trouble reorganize itself. A big part of the selling point on this bankruptcy law was, 'It will preserve jobs.'

It has been falsely reported that I once filed for bankruptcy and - my personal favorite - that I deny the Trinity.

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.

Restrict bankruptcy rules.

The Badals have grown richer while Punjab is on the verge of bankruptcy.

The path we're on has taken the USA to the brink of bankruptcy.

Bankruptcy as a solution in kind of un-American.

The company, Tiffany Studios, ended up in bankruptcy in 1930 - early '30s.

I had to escape the destruction of my father's bankruptcy and all that difficulty.

I feel somewhat responsible for the Borders Books bankruptcy.

The women who file for bankruptcy played by all the rules, but they are still in economic freefall.

If you destroy a firm, you can't pull it out of bankruptcy overnight.

Power ... was the coin of the Washington realm and, without it, you might as well file for bankruptcy.

When we see the bankruptcy, slavery, and vanity of everything else, we can finally say, ‘To die is gain.’

To be honest, most of my troubles - bankruptcy, drinking, gambling - were self-inflicted.

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.

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.

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.

Bankruptcy is a serious decision that people have to make.

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

Bankruptcy exposes the economic vulnerability and insecurity of middle class women.

All economic activity is dependent upon that environment and its underlying resource base of forests, water, air, soil, and minerals. When the environment is finally forced to file for bankruptcy because its resource base has been polluted, degraded, dissipated, and irretrievably compromised, the economy goes into bankruptcy with it.

Respondents had been so overwhelmed by their in-box they'd declared "e-mail bankruptcy.

Capitalism has resulted in material well-being but spiritual bankruptcy.

Legalized gambling is the leading cause of bankruptcy

I don't think a bankruptcy is a good thing.

We do not project power from bankruptcy court. We're borrowing a million dollars a minute.

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.

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.

An expenditure of words without income of ideas will lead to intellectual bankruptcy.

Apple was very close to bankruptcy and to irrelevance [but] you learn a lot about life through death, and I learnt a lot about vital corporations by experiencing a non-vital corporation. You would have thought that, when what stands between you and bankruptcy is some money, your focus would be on making some money, but that was not [Steve Jobs’] preoccupation. His observation was that the products weren’t good enough and his resolve was, we need to make better products. That stood in stark contrast to the previous attempts to turn the company around.

The government cannot become a bailout organization for companies on the verge of bankruptcy.