Sentences with phrase «rebuild after a financial crisis»
Bankruptcy allows debtors to recover and rebuild after a financial crisis, or in other words, get their lives back.
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The provisions of the Bankruptcy Code are designed to protect debtors from creditor harassment and give individuals a fresh start, to recover and rebuild after a financial crisis.
Not exact matches
Rather than retaining earnings and building capital in accordance with the goal of rehabilitation (as required in a conservatorship pursuant to HERA, and as was demanded of every other financial institution after the crisis), the Third Amendment ensured that the GSEs could never rebuild capital nor — no matter how much money they returned to the Treasury — be allowed to ever repay the government.