200 Quotes About Bankruptcy

People wait until the last minute to go to the bankruptcy lawyer's office because they don't want to be in the bankruptcy lawyer's office. We're hoping that people recognize that bankruptcy is still an option for them, and that if their home is at stake, that they need to get in earlier to get it done.

We can say authoritatively that federal bankruptcy law changes are doing no measurable good whatsoever. They've done nothing more than put new hurdles in the path of people who are already flat on their back due to a financial crisis over which they have no control.

The problem is that people are in serious debt in this country. Outstanding consumer debt is at all-time highs, and debt is like an illness. You don't solve an illness by making it harder to get into a hospital, which is what bankruptcy court is for debtors.

Congress got bankruptcy reform wrong, dead wrong. The federal bankruptcy law changes ... are doing no measurable good whatsoever. They've done nothing more than put new hurdles in the path of people who are already flat on their back.

Credit counseling organizations now know what the bankruptcy lawyers and other experts said all along: Congress got it dead wrong when it passed the bankruptcy law.

nothing in the bankruptcy code requires companies to skip their pension funding payments.

It's common in a bankruptcy to have these charges -- you're cleaning house.

These losses emphasize the need for the urgency with which we have to pursue route network and revenue improvements and the use of the bankruptcy process to reduce the cost and complexity of our business.

I used to work in recoveries for bankruptcy cases: searching and locating missing assets. Having grown up around those things, I find them very interesting.