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.
More Quotes from Samuel Gerdano:
The idea here is that people are entitled to only the relief that they need but no more, so the bill sets up an elaborate screening mechanism with an arithmetic test to determine the debtor's income and their expenses. After that, if they can repay some part of their debts -- 25 percent, roughly -- then they will be shifted into mandatory repayment plans.Samuel Gerdano
Credit is a very liberating thing that consumers have access to, but it means they have to be very careful.
Samuel Gerdano
The good news is it drives the economy. The bad news is it adds to the household debt burden.
Samuel Gerdano
There's never been a number that low.
Samuel Gerdano
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Based on Topics: Generation QuotesI cannot but think that it would be a great step if mankind could familiarise themselves with the idea that they are spirits incorporated for a time in the flesh re spirits incorporated for a time in the flesh.
Catherine Crowe
I hope that no more groans of wounded men and women will ever go to the ear of the Great Spirit Chief above, and that all people may be one people.
Chief Joseph
The great seal of truth is simplicity.
Herman Boerhaave