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What Does the Bible Say about Bankruptcy?

If you follow Judeo-Christian tenets, which the majority of Protestants, Catholics, and Jews do, then you may be concerned that filing for or even considering bankruptcy may be going against those teachings. This can make the decision to file for bankruptcy even harder, especially if you’re not sure what the Bible says about bankruptcy.

Only you can make the decision as to whether or not filing bankruptcy is morally right for you. You may wish, however, to go ahead and consult a bankruptcy attorney in your area. An attorney can answer any questions you may have concerning your state's bankruptcy laws as they pertain to your situation, and whether filing bankruptcy is the right solution for you.

Bible Verses Regarding Debt Obligations and Debt Forgiveness

The Bible, which is used wholly or in part in the majority of Judeo-Christian religions and denominations, does address financial responsibility. These include verses relating to:

  • Treatment of a person who is "working off a debt" (Leviticus 25:39)
  • "Sabbatical" Years and "Jubilee" Years, during which times debts were canceled, Hebrew slaves (those "working off a debt") were set free, and provisions were made for them to start over again with relative financial freedom. (Nehemiah 10:31)

There are other verses relating to what the Bible says about bankruptcy, but these are just a few. You can find more by researching "debts", "finances", and other similar words in a Bible dictionary or concordance.

Finding a Bankruptcy Attorney

Followers of Judeo-Christian teachings often pray about major decisions as well as read what the Bible says about bankruptcy. If you do this, and feel peace about your decision to file for bankruptcy, we're here to help you find a bankruptcy attorney in your area.

You can connect with local bankruptcy attorney today by completing the case review form below or by calling 877-833-2410. You can arrange a free, no-obligation consultation today and learn more about your options under bankruptcy laws.

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