Peter Jones Quotes

I declared bankruptcy, and that was the worst thing I ever should have done.

In 1958, my father invested everything he had in a business venture and became the largest automobile dealership in Chicago for Ford's new Edsel line. But Edsel sales plummeted and my father fell into bankruptcy. I watched him struggle; working long hours to protect us from poverty.

My father lost his business. Our house was locked up, and we had to leave.

I invested all my money in debt.

Know what happens when an individual declares bankruptcy and how it affects his or her life.

I was so in debt by the end of 'Dust Devil,' having picked up the tab personally for the post-production of the movie, and having no way to recoup because I didn't own the rights to the movie. There was no way I could see any money back on it, so any money spent was just a dead loss.

Worm or beetle - drought or tempest - on a farmer's land may fall, Each is loaded full o' ruin, but a mortgage beats 'em all.

Credit is an 'I love debt' score.

If you default on your Visa bill, nobody comes to repossess your refrigerator or auction off your shoes. The biggest penalty you'll face is trouble getting future credit.

Credit is a system whereby a person who can not pay gets another person who can not pay to guarantee that he can pay.

Who quick be to borrow and slow be to pay, their credit is naught, go they ever so gay.

I was gonna go broke if I didn't get things turned around real fast.

I had to escape the destruction of my father's bankruptcy and all that difficulty.

Credit cards are like snakes: Handle 'em long enough, and one will bite you.

You're out of business!

A man needs credit. Especially when he has no money.

When we make purchases on credit, they give us only an illusion of prosperity.

When you lose control of risk at a financial institution, you do a variety of unfortunate credit extensions or purchases - and all of a sudden, you've blown up your business.

I almost went broke. I didn't file bankruptcy, but I had some miserable times there for two or three years.

I have no interest in bailing out anybody, quite frankly, and I think banks have to suffer every dollar of loss if they make a bad loan.

I don't think a bankruptcy is a good thing.

Bankrupsy stays on your record for 7-10yrs. That gives you an idea how long it takes to rebuild trust.

I've gone bankrupt about four times now. Every dollar I earn goes on the show.

Take heed of credit decaid, and people that have nothing.

If you default on an unsecured debt, you won't lose anything (except points on your credit score).