Elizabeth Warren Bankrupt Quotations

Some economists estimate that for every family that goes bankrupt, there are about 15 more who are in the same amount of financial trouble and would profit from bankruptcy but just haven't filed.

The women who file for bankruptcy played by all the rules, but they are still in economic freefall.

Albany's changes to the homestead protection are far more important in the long run than Washington's changes to the bankruptcy laws, ... An increase in the state homestead exemption tells families: Keep your home safe; don't keep borrowing against it.

In 1978, we adopted a new Bankruptcy Code in the United States, and a principal part of this was designed to adjust to the new corporation, to find ways to let a corporation that had gotten into financial trouble reorganize itself. A big part of the selling point on this bankruptcy law was, 'It will preserve jobs.'

Other countries around the world make employees and retirees first in the priority. For example, in Mexico, the bankruptcy laws say if a company wants to go bankrupt... obligations to employees and retirees will have a first priority. That has an effect on every negotiation that takes place with every company in Mexico.

Most women file for bankruptcy in the aftermath of a serious medical problem, a job loss, or a family break up. It is hard to protect against those.

Bankruptcy exposes the economic vulnerability and insecurity of middle class women.

Bankruptcy is about financial death and financial rebirth. Bankruptcy is the great American story rewritten. We're a nation of debtors.

They turned the bankruptcy courts into collection agencies for credit card companies. That means there's less protection for victims of Katrina.