19 Bible Verses about Bankruptcy
Most Relevant Verses
Evil men borrow, but do not repay their debt, but the godly show compassion and are generous.
At the end of every seven years you must declare a cancellation of debts. This is the nature of the cancellation: Every creditor must remit what he has loaned to another person; he must not force payment from his fellow Israelite, for it is to be recognized as "the Lord's cancellation of debts."
The rich rule over the poor, and the borrower is servant to the lender.
Owe no one anything, except to love one another, for the one who loves his neighbor has fulfilled the law.
When you make a vow to God, do not delay in paying it. For God takes no pleasure in fools: Pay what you vow! It is better for you not to vow than to vow and not pay it.
in order that in Christ Jesus the blessing of Abraham would come to the Gentiles, so that we could receive the promise of the Spirit by faith.
Let the peace of Christ be in control in your heart (for you were in fact called as one body to this peace), and be thankful.
You lead me in the path of life; I experience absolute joy in your presence; you always give me sheer delight.
by casting all your cares on him because he cares for you.
Trust in the Lord with all your heart, and do not rely on your own understanding. Acknowledge him in all your ways, and he will make your paths straight.
"If you lend money to any of my people who are needy among you, do not be like a moneylender to him; do not charge him interest. If you do take the garment of your neighbor in pledge, you must return it to him by the time the sun goes down, for it is his only covering -- it is his garment for his body. What else can he sleep in? And when he cries out to me, I will hear, for I am gracious.
"'If your brother becomes impoverished and is indebted to you, you must support him; he must live with you like a foreign resident. Do not take interest or profit from him, but you must fear your God and your brother must live with you. You must not lend him your money at interest and you must not sell him food for profit.
For you know the grace of our Lord Jesus Christ, that although he was rich, he became poor for your sakes, so that you by his poverty could become rich.
So then, be perfect, as your heavenly Father is perfect.
You may lend with interest to a foreigner, but not to your fellow Israelite; if you keep this command the Lord your God will bless you in all you undertake in the land you are about to enter to possess.
Do not be one who strikes hands in pledge or who puts up security for debts. If you do not have enough to pay, your bed will be taken right out from under you!
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Moral Bankruptcy
Jeremiah 5:4I thought, "Surely it is only the ignorant poor who act this way. They act like fools because they do not know what the Lord demands. They do not know what their God requires of them.