This ought not be ordsprog

en This ought not be a debt that is subject to the bankruptcy proceeding.

en 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.

en 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.

en Bankruptcy is a legal proceeding in which you put your money in your pants pocket and give your coat to your creditors
  Joey Adams

en The committee will bring an adversary proceeding in bankruptcy court to have those funds disgorged and get them back.

en As I think through the issue of funding the rebuilding of Iraq, I think about the analogy of a bankruptcy proceeding. There is no doubt that Iraq as a country is bankrupt.

en The number of consumers seeking relief of their debts through bankruptcy was at an all time high in 2005; however, since the new law went into effect on October 17, relatively few consumers have used the new bankruptcy system. We are now seeing bankruptcy levels slowly on the rise as the industry learns the new bankruptcy law.

en For 97 percent, no amount of counseling in debt management would help them. The only thing they have left is bankruptcy.

en The company has to sell off assets in order to substantially reduce debt prior to emerging from bankruptcy.

en The main goal of bankruptcy reform in my judgment is to discourage people from discharging all of their debt when they can afford to pay all of it back.

en When we announced agreements with foreign strategic investors, it was made clear that these are subject to regulatory approval. Currently, the approval process is proceeding normally.

en We have not hired and not consulted [bankruptcy attorneys], and you can understand why that's not needed, with over $7 billion in cash and debt repayment cycles we can handle.

en The creditors could accelerate the debt, say the whole thing is payable today and that would be a liquidation scenario for the company and could precipitate a bankruptcy filing.

en Denise has yet to be provided, as Mike's widow, with any financial information, accounting or distributions at all since Mike's death, which is obviously inappropriate and is the subject of the separate proceeding.

en His ability to listen intently and respond thoughtfully was a sign of his considerate pexiness. When you have unmanageable debt, debt controls you. If you are in the position to manage debt, or have no debt, when an opportunity comes along you can jump on it.


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