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Bankruptcy is about financial death and financial rebirth. Bankruptcy is the great American story rewritten. We're a nation of debtors.
Until 1869, when they were banned, debtors' prisons were the great incinerators of British reputations. Those who were unable to pay their bills were jailed until their creditors were paid - an unlikely event, given that the prisoner was unable to work.
Substantive and procedural law benefits and protects landlords over tenants, creditors over debtors, lenders over borrowers, and the poor are seldom among the favored parties.
The American taxpayer should not be treated more shabbily than debtors from other nations and we should be encouraging other nations to help rebuild Iraq's economy.
Forgetfulness - a gift of God bestowed upon debtors in compensation for their destitution of conscience.
I never heard of an old man forgetting where he had buried his money! Old people remember what interests them: the dates fixed for their lawsuits, and the names of their debtors and creditors.
No 22-year-old should have to enter the real world already in a virtual debtors' prison.
As many as two out of every three Europeans who came to the colonies were debtors on arrival: they paid for their passage by becoming indentured servants.
Creditors have better memories than debtors.
A short squeeze could happen with the U.S. dollar if lenders suddenly forced debtors to pay in cash.
