Bankruptcy Quotes - Page 4

• 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.

  Jean Chatzky

  Fall, Lasts, Lists

  Source: www.nbcnews.com

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• Bankruptcies and addictions increase in areas with casinos

  John Warren Kindt

  Gambling, Addiction, Casinos

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• Bankruptcies increase 18 percent to 42 percent above the national average

  John Warren Kindt

  Gambling, Average, Increase

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• Legalized gambling is the leading cause of bankruptcy

  John Warren Kindt

  Gambling, Causes, Leading Causes

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• Once you get to your forties or fifties in this society, very few people haven't had at least one body blow - financial, bankruptcy, divorce, relationship disaster, addiction, trouble with a child, trouble with a parent. Most people take some blow.

  Marianne Williamson

  Children, Divorce, Blow

  Source: rayhemachandra.com

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• There are financial bankruptcies in many parts of the church. No question about that. But we see the possibility of reimagining and revitalizing the church.

  Shane Claiborne

  Church, Reimagining, Financial

  "Interview with Shane Claiborne on Common Prayer". www.readthespirit.com. 2012.

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• In my very first term there was an issue that brought us [George Mitchell, Ted Kennedy, Chris Dodd] together in a very deep, emotional, and personal level.It was called 'spousal impoverishment' and it meant that for one person [to go into] a nursing home, the family [ ], could go near bankruptcy, and then they'd end up with a lien on the family farm or the home. And so I wanted to change that.

  Barbara Mikulski

  Home, Nursing, Emotional

  Source: digitalcommons.bowdoin.edu

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• 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

  Taken, Six, Great Business

  Source: time.com

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• 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.

  Jean Chatzky

  Jobs, Divorce, New Job

  Source: www.nbcnews.com

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• Hey, guess what? Turns out the free market? Not so free. Wall Street was hit hard Monday when Lehman Brothers filed for bankruptcy, Merrill Lynch was sold to Bank of America, and insurance giant AIG neared a collapse of its own. Basically, if your commercials air during golf tournaments, you're done.

  Amy Poehler

  Monday, Brother, Wall

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• The story of Detroit's bankruptcy was simple enough: Allow capitalism to grow the city, campaign against income inequality, tax the job creators until they flee, increase government spending in order to boost employment, promise generous pension plans to keep people voting for failure. Rinse, wash and repeat.

  Ben Shapiro

  Jobs, Simple, Cities

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• You settled a debt instead of paying in full will stay on your credit report for as long as the individual accounts are reported, which is typically seven years from the date that the account was settled. Unlike with bankruptcy, there isn't a separate line on your credit report dedicated to debt settlement, so each account settled will be listed as a charge-off.

  Jean Chatzky

  Years, Long, Credit

  Source: www.nbcnews.com

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• When there were fears about the future of this nation's older cities... when a few of the cities teetered on the brink of bankruptcy, all eyes were focused on Chicago for contrast.

  Jane Byrne

  Eye, Cities, Chicago

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• Bankruptcies will be up 18 to 42 percent around racinos areas tracks as people lose their money

  John Warren Kindt

  Gambling, People, Track

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• Faith is a cop-out. If the only way you can accept an assertion is by faith, then you are conceding that it can't be taken on its own merits. It is intellectual bankruptcy.

  Dan Barker

  Atheist, Taken, Religion

  Dan Barker (1992). “Losing Faith in Faith: From Preacher to Atheist”, Freedom from Religion Fndtn

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• To answer brutality with brutality is to admit one's moral and intellectual bankruptcy.

  Mahatma Gandhi

  Freedom, Intellectual, Democracy

  Mahatma Gandhi, Anand T. Hingorani, Ganga Anand Hingorani (1985). “The Encyclopaedia of Gandhian Thoughts”

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• The peace we are offered is not a peace that is free from tragedy, illness, bankruptcy, divorce, depression, or heartache. It is peace rooted in the trust that the life Jesus gives us is deeper, wider, stronger, and more enduring than whatever our current circumstances are, because all we see is not all there is and the last word about us and our struggle has not yet been spoken.

  Rob Bell

  Jesus, Struggle, Divorce

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• Men must have somewhat altered the course of nature; for they were not born wolves, yet they have become wolves. God did not give them twenty-four-pounders or bayonets, yet they have made themselves bayonets and guns to destroy each other. In the same category I place not only bankruptcies, but the law which carries off the bankrupts’ effects, so as to defraud their creditors.

  Voltaire

  Gun, Men, Law

  Voltaire (1956). “Candide: or, Optimism”

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• 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.

  James A. Baldwin

  Order, White, People

  "Fifth Avenue, Uptown" by James A. Baldwin, www.esquire.com. July 1960.

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• Best hope for what, Catman? Death? Bankruptcy? You know, my life was going along…well, rather crappily, to be honest, but at least no one was trying to kill me and no one was dying around me. Since I met you, my life has taken the high road to Shitsville, with no off-ramp in sight. (Susan)

  Sherrilyn Kenyon

  Taken, Sight, Dying

  Sherrilyn Kenyon (2007). “Dark Side of the Moon”, p.64, Macmillan

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

  Jeffrey Eugenides

  Spiritual, Virgin Suicides, Well Being

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• The company later went broke, and of course all blame was directed at the lawyers. Not once did I hear any talk that maybe a trace of mismanagement could in any way have contributed to the bankruptcy.

  John Grisham

  Way, Lawyer, Blame

  John Grisham (1996). “The Rainmaker”, Dell

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• State ownership! It leads only to absurd and monstrous conclusions; state ownership means state monopoly, concentrated in the hands of one party and its adherents, and that state brings only ruin and bankruptcy to all.

  Benito Mussolini

  Party, Mean, Hands

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• In 1958, my father invested everything he had in a business venture and became the largest automobile dealership in Chicago for Ford's new Edsel line. But Edsel sales plummeted and my father fell into bankruptcy. I watched him struggle; working long hours to protect us from poverty.

  Radhanath Swami

  Father, Struggle, Long

  "A Swami and His Father" by Radhanath Swami, www.huffingtonpost.com. June 18, 2011.

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• Catholic dioceses typically spent hundreds of thousands of dollars recklessly, then filed for bankruptcy. The goal was to avoid the money going to the hands of victims of predator priests.

  Dan Rather

  Hands, Goal, Catholic

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