(25 quotes found)
“Creditors are so eager to get it over that they would have voted for the plan if UAL were offering a ham sandwich.”
“A creditor is worse than a slave-owner; for the master owns only your person, but a creditor owns your dignity, and can command it.”
“There are times when creditors do not believe (victims) and require them to prove that it wasn't them who made the expenses, and it's very hard to prove a negative.”
“In Europe, bankruptcy laws are designed to protect creditors. We're a nation founded by debtors, people who were trying to get away from debtors' prison.”
“Our focus now turns to working with creditors in search of a deal they can support while retaining the support of the other stakeholders who are onside.”
“The petition's filing automatically stays any further collection activity by creditors.”
“It's a different cutting of the company's pie. It means that some creditors get more than they otherwise would, and other creditors will be getting less.”
“Let's just say that there was a settlement but, like many other creditors, I've been left out of pocket,”
“When I started doing this stuff in the '70s, a lot of creditors were suppliers who needed [the filer] as much as he needed them.”
“The creditors' committee is not Noah's Ark, you don't take two of every species.”
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