I'm a lawyer, but I don't want your business. I want to help you avoid the misery of lawsuits and lawyers. Really.
« Isn’t it okay for Christians to shade the truth a little when it comes to paying taxes? | Home | Will She or Won’t She? The Prenuptial Blues »
Bankruptcy for Christians Facing Financial Meltdown?
By Stephen Bloom | April 23, 2009
I don’t handle bankrupcty cases in my law practice, but in this struggling economy I get calls and questions from people in financial trouble seeking a Christian perspective on bankruptcy.
In my view, filing for bankruptcy protection can be a legitimate option for Christians facing personal economic meltdown. But bankruptcy should be a last resort, used only to provide a fair and orderly process for partial repayment of creditors. And when the bankruptcy is over, a Christian still has an ethical obligation to repay each creditor in full, even if it takes years.
As a lawyer and author, so many folks tell me their real life stories of how blessed they’ve been after repaying every last debt.
I have a full chapter on bankrupcty in my book, The Believer’s Guide to Legal Issues. If you’re reading this post because you’re facing an immediate financial crisis, you probably aren’t in a position to buy a book right now, but you can call or stop by your local public library and request them to acquire a copy, and then borrow it when it arrives. Most libraries are delighted to honor acquisition requests from patrons.
Topics: Uncategorized |
