It's beginning to look like it doesn't help debtors in any way. It merely becomes an administrative burden.
Quotes about debtors (16 Quotes)
Forgetfulness - a gift of God bestowed upon debtors in compensation for their destitution of conscience.
OWE, v. To have (and to hold) a debt. The word formerly signified not indebtedness, but possession it meant 'own,' and in the minds of debtors there is still a good deal of confusion between assets and liabilities.
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.
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.
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.
Outsourcing collections can be more cost-effective, especially when dealing with debtors is a private firm's core competency. Relying on an outsourcer also provides a central location for the collection of all debts. A taxpayer that might owe taxes, court fines and child support is now going to get just one contact into their home instead of three or four, ... It cuts down on any confusion.
After this manner therefore pray ye Our Father which art in heaven, Hallowed be thy name. Thy kingdom come. Thy will be done in earth, as it is in heaven. Give us this day our daily bread. And forgive us our debts, as we forgive our debtors. And lead us not into temptation, but deliver us from evil For thine is the kingdom, and the power, and the glory, for ever. Amen.
The discussions between the company and the unions and GM are active and vibrant, and I'm not going to comment further on them. The debtors will do the appropriate thing next Friday.
Creditors have better memories than debtors.
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.
Argentina's problems seem to be mounting with negative consequences for the country's debtors and many quoted European companies.
Lots of people see the opportunity to make lots of money off the backs of consumer debtors, and that should make people extremely cautious about this.
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.
Let us live in as small a circle as we will, we are either debtors or creditors before we have had time to look around.
I'm convinced that given this debtor's history, if this court were to deny the (sale),