Should Christians File for Bankruptcy?
The authors begin with the premise the Bible expressly grants permission for Christians to file bankruptcy: "At the end of every seven years you shall grant a release of debts. And this is the form of the release: Every creditor who has lent anything to his neighbor shall release it; he shall not require it of his neighbor or his brother, because it is called the LORD's release" (Deuteronomy 15:1-2).
They go on to discuss a number of Old Testament and New Testament passages that discuss concepts of sin, mercy, forgiveness and equity. The authors ultimately conclude, correctly I believe, that bankruptcy is biblical and spiritually available to Christians. However, the ultimate decision to file for bankruptcy and the type of bankruptcy to file must still be made after prayerful consideration to seek guidance from God regarding what decision he would have you make.
Although the subject does not always come up with our clients, we are a Christian law firm. We are a bankruptcy and debt relief agency. We help people file for bankruptcy. We are sensitive to the Biblical and spiritual issues implicated by filing for bankruptcy. Please contact us if you need further assistance is making the decision to file bankruptcy