19 Bible Verses about Bankruptcy

Most Relevant Verses

Deuteronomy 15:1-2

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."

Ecclesiastes 5:4-5

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.

Proverbs 3:5-6

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.

Exodus 22:25-27

"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.

Leviticus 25:35-37

"'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.

Deuteronomy 23:20

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.

Proverbs 22:26-27

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 5:4

I 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.

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