What Does the Bible Say about Christian Bankruptcy?

One question I get almost every week from Christians from all around Denver is, “What does the Bible say about Christian bankruptcy?”

Usually, the people asking this question are asking it with one of two assumptions.

Some assume the Bible condemns bankruptcy. They’re living with shame and guilt because they believe bankruptcy is sinful and against the teachings of Jesus.

Others assume the Bible condemns debt and, therefore, releases the debtor from guilt, shame and the obligation to pay those debts.

Let’s take a look at what the Bible actually says about debt and bankruptcy so we can try to clear this up for those who are drowning in debt and hungry for a way out of it.

Christian Bankruptcy

While bankruptcy is a modern legal concept, it is not a modern matter. Moses wrote in Deurteronomy that creditors must release debtors from their debts every seven years.

“Then Moses commanded them: “At the end of every seven years, in the year for canceling debts, during the Festival of Tabernacles.”

Interestingly, as far back as the 1800’s in the United States, the legal time allowed between bankruptcies is seven years. Clearly, our bankruptcy laws are based in the principle Moses spelled out.

The simple fact is God does not want His people swimming in a sea of debt. He does not want His people living with shame, guilt and the debilitating pressure of being unable to pay debts.

In fact, the Bible provides for forgiveness of debt, release from bondage and a fresh financial start. As a Christian, I believe it is my Godly obligation to help educate my Christian brothers, sisters and clients about God’s word on the matters of debt and bankruptcy.

Denver Area Christian Bankruptcy Lawyer

If you are a Christian struggling with debt and unable to pay your bills, let’s talk about your situation. Together, we can discuss God’s word on debt and bankruptcy, and find solutions to your debt problems.

Click here to schedule a free consultation with me. The sooner you do, the sooner you can get on the right path and get the fresh start God’s word promises you.


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