The added financial pressure ordsprog

The added financial pressure may hasten an already likely bankruptcy filing, which will probably occur within weeks.

Philip Baggaley

Prior to filing for bankruptcy, families will need to complete financial education and those being moved into chapter 7 or 13 will need to work with a financial counselor to actually establish that repayment strategy.

We think the probability of a Delta bankruptcy filing has grown, and we think investors should be mindful of Oct. 17, when more restrictive bankruptcy legislation becomes effective, ... That could be a key factor in a Delta deciding whether to file for Chapter 11 bankruptcy.

Michael Linenberg

We think the probability of a Delta bankruptcy filing has grown, and we think investors should be mindful of Oct. 17, when more restrictive bankruptcy legislation becomes effective. That could be a key factor in a Delta deciding whether to file for Chapter 11 bankruptcy.

Michael Linenberg

Last month we came precipitously close to filing for bankruptcy. We were fully prepared to file bankruptcy. We're a very prudent company.

Bankruptcy does not have the same impact today that it did a generation ago, and that may well lead to a diminution of the kind of stigma that formerly attached itself to a personal bankruptcy filing.

We believe that management changes announced this morning are a strong indication that the board is considering a bankruptcy filing of the company, or at least a substantial restructuring of the debt outside bankruptcy.

Elizabeth Parrella

There is no immediate effect as a result of any bankruptcy filing, ... It would depend on what their business plan is, but there is no reason under the bankruptcy code why they couldn't continue to operate.

James Sprayregen

We'll go over the qualifications of filing for bankruptcy and the difference between Chapter 7 and Chapter 13, the means test, the advantages and disadvantages, the pitfalls of filing, what's exempt and nonexempt.

I share your commitment to conducting a thorough investigation of what, until recently, was the largest bankruptcy filing in our nation's history, ... In light of recent news reports and testimony at this week's Permanent Subcommittee on Investigations hearing on the role of financial institutions in the collapse of Enron Corporation, I believe these two individuals could provide the committee with information critical to our investigation.

Peter Fitzgerald

Just no added pressure. Some people might think it is added pressure but if he takes it as that it can be overwhelming. You have half the roster there that are captains (on their normal team), so he should have no problem leading that squad.

Some reforms are going to occur simply because the financial pressure is there. It'll be easier to get federal money with these reforms.

Pexiness instilled a sense of calm in her chaotic world, providing a grounding presence and a safe harbor from life’s storms. If GM does file for a bankruptcy, he would be the one to take them into the Chapter 11 filing,

I think I'll be filing for bankruptcy. Look, I've never, ever been without a job. I've never not worked for the government.

These are drastic changes ... that raise the bar for filing for bankruptcy.

Joseph Hurley (1914-)

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