Does Filing For Bankruptcy Go Against What We Learned From The Bible?

Does Filing For Bankruptcy Go Against What We Learned From The Bible?

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Christians and non-Christians alike may have guilt related to filing for bankruptcy. They may be worried that they are "cheating the system," or taking advantage of the government. Many may simply feel bad that they cannot pay what they owe. Some people even mistakenly think that bankruptcy is not Christian and is not supported in the Bible.

First of all, you should understand that our forefathers instated bankruptcy for very good reasons. Our founding fathers even understood that emergencies and mistakes can happen - and there needs to be an opportunity for a fresh start and second chance for Americans. Bankruptcy has developed over the years to best serve U.S. citizens and it is part of the federal law.

Secondly, bankruptcy is discussed and supported in the Bible. In Deuteronomy, the Bible discusses a release of debts by debtors after a seven-year time span - a similar system to the one we use today where a debtor can file bankruptcy only every seven years. Another passage says the debtor should be released from debt after a certain amount of time passes, and they should also be released and allowed to keep some of their property so their lives can continue. Today's bankruptcy laws reflect that debtors are allowed to keep some of their property throughout the process.

You should always remember the "bankruptcy" and "forgiveness" go hand in hand. The Bible teaches us to forgive, and bankruptcy is simply a form of debt forgiveness. Christians probably know best that there are several reasons you could be in debt, and that parts of our lives are out of our own control: you may have experienced an emergency, such as medical diagnosis or an accident, even simple spending mistakes are forgiven. Our current bankruptcy laws allow debts to be forgiven and have support for those who have experienced a financial blow.

Do you want to learn more about how your debts can be forgiven and more about bankruptcy? Do your research to find out all the information you need to know to make the right choice for your situation before you talk to any lawyers or bill collectors, and before you sign any forms regarding your debt.


About the Author:
You should research so you have the right information before you talk to any bill collectors or bankruptcy lawyers. Attorney James Brown offers a free copy of his book, "Get Out of Debt: Secrets Your Creditors Don't Want You to Know," to any one who requests a a hard copy/downloadable file. Request yours for FREE simply by clicking here.



Article Originally Published On: http://www.articlesnatch.com


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