19 Bible Verses about Bankruptcy

Most Relevant Verses

Deuteronomy 15:1-2

“At the end of every seven years you shall grant a remission of debts. This is the manner of remission: every creditor shall release what he has loaned to his neighbor; he shall not exact it of his neighbor and his brother, because the Lord’s remission has been proclaimed.

Ecclesiastes 5:4-5

When you make a vow to God, do not be late in paying it; for He takes no delight in fools. Pay what you vow! It is better that you should not vow than that you should vow and not pay.

Proverbs 3:5-6

Trust in the Lord with all your heart
And do not lean on your own understanding.
In all your ways acknowledge Him,
And He will make your paths straight.

Exodus 22:25-27

“If you lend money to My people, to the poor among you, you are not to act as a creditor to him; you shall not charge him interest. If you ever take your neighbor’s cloak as a pledge, you are to return it to him before the sun sets, for that is his only covering; it is his cloak for his body. What else shall he sleep in? And it shall come about that when he cries out to Me, I will hear him, for I am gracious.

Leviticus 25:35-37

‘Now in case a countryman of yours becomes poor and his means with regard to you falter, then you are to sustain him, like a stranger or a sojourner, that he may live with you. Do not take usurious interest from him, but revere your God, that your countryman may live with you. You shall not give him your silver at interest, nor your food for gain.

Deuteronomy 23:20

You may charge interest to a foreigner, but to your countrymen you shall not charge interest, so that the Lord your God may bless you in all that you undertake in the land which you are about to enter to possess.

Proverbs 22:26-27

Do not be among those who give pledges,
Among those who become guarantors for debts.
If you have nothing with which to pay,
Why should he take your bed from under you?

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Moral Bankruptcy

Jeremiah 5:4

Then I said, “They are only the poor,
They are foolish;
For they do not know the way of the Lord
Or the ordinance of their God.

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