Reference: Debtor
American
One under obligations, whether pecuniary or moral, Mt 23:16; Ro 1:14; Ga 5:3. If the house, cattle, or goods of a Hebrew would not meet his debts, his land might be appropriate for this purpose until the year of Jubilee, or his person might be reduced into servitude till he had paid his debt by his labor, or till the year of Jubilee, which terminated Hebrew bondage in all cases, Le 25:29-41; 2Ki 4:1; Ne 5:3-5.
See Verses Found in Dictionary
"'If a man sells a dwelling house in a walled city, then he may redeem it within a whole year after it has been sold. For a full year he shall have the right of redemption. If it isn't redeemed within the space of a full year, then the house that is in the walled city shall be made sure in perpetuity to him who bought it, throughout his generations. It shall not be released in the Jubilee. read more. But the houses of the villages which have no wall around them shall be reckoned with the fields of the country: they may be redeemed, and they shall be released in the Jubilee. "'Nevertheless the cities of the Levites, the houses in the cities of their possession, the Levites may redeem at any time. The Levites may redeem the house that was sold, and the city of his possession, and it shall be released in the Jubilee; for the houses of the cities of the Levites are their possession among the children of Israel. But the field of the suburbs of their cities may not be sold; for it is their perpetual possession. "'If your brother has become poor, and his hand can't support him among you; then you shall uphold him. He shall live with you like an alien and a temporary resident. Take no interest from him or profit, but fear your God; that your brother may live among you. You shall not lend him your money at interest, nor give him your food for profit. I am Yahweh your God, who brought you forth out of the land of Egypt, to give you the land of Canaan, and to be your God. "'If your brother has grown poor among you, and sells himself to you; you shall not make him to serve as a slave. As a hired servant, and as a temporary resident, he shall be with you; he shall serve with you until the Year of Jubilee: then he shall go out from you, he and his children with him, and shall return to his own family, and to the possession of his fathers.
Some also there were that said, "We are mortgaging our fields, and our vineyards, and our houses. Let us get grain, because of the famine." There were also some who said, "We have borrowed money for the king's tribute using our fields and our vineyards as collateral. read more. Yet now our flesh is as the flesh of our brothers, our children as their children. Behold, we bring into bondage our sons and our daughters to be servants, and some of our daughters have been brought into bondage. Neither is it in our power to help it; for other men have our fields and our vineyards."
"Woe to you, you blind guides, who say, 'Whoever swears by the temple, it is nothing; but whoever swears by the gold of the temple, he is obligated.'
I am debtor both to Greeks and to foreigners, both to the wise and to the foolish.
Yes, I testify again to every man who receives circumcision, that he is a debtor to do the whole law.
Easton
Various regulations as to the relation between debtor and creditor are laid down in the Scriptures.
(1.) The debtor was to deliver up as a pledge to the creditor what he could most easily dispense with (De 24:10-11).
(2.) A mill, or millstone, or upper garment, when given as a pledge, could not be kept over night (Ex 22:26-27).
(3.) A debt could not be exacted during the Sabbatic year (De 15:1-15).
For other laws bearing on this relation see Le 25:14,32,39; Mt 18:25,34.
(4.) A surety was liable in the same way as the original debtor (Pr 11:15; 17:18).
See Verses Found in Dictionary
If you take your neighbor's garment as collateral, you shall restore it to him before the sun goes down, for that is his only covering, it is his garment for his skin. What would he sleep in? It will happen, when he cries to me, that I will hear, for I am gracious.
"'If you sell anything to your neighbor, or buy from your neighbor, you shall not wrong one another.
"'Nevertheless the cities of the Levites, the houses in the cities of their possession, the Levites may redeem at any time.
"'If your brother has grown poor among you, and sells himself to you; you shall not make him to serve as a slave.
At the end of every seven years you shall make a release. This is the way of the release: every creditor shall release that which he has lent to his neighbor; he shall not exact it of his neighbor and his brother; because Yahweh's release has been proclaimed. read more. Of a foreigner you may exact it: but whatever of your is with your brother your hand shall release. However there shall be no poor with you; (for Yahweh will surely bless you in the land which Yahweh your God gives you for an inheritance to possess it;) if only you diligently listen to the voice of Yahweh your God, to observe to do all this commandment which I command you this day. For Yahweh your God will bless you, as he promised you: and you shall lend to many nations, but you shall not borrow; and you shall rule over many nations, but they shall not rule over you. If a poor man, one of your brothers, is with you within any of your gates in your land which Yahweh your God gives you, you shall not harden your heart, nor shut your hand from your poor brother; but you shall surely open your hand to him, and shall surely lend him sufficient for his need [in that] which he wants. Beware that there not be a base thought in your heart, saying, "The seventh year, the year of release, is at hand;" and your eye be evil against your poor brother, and you give him nothing; and he cry to Yahweh against you, and it be sin to you. You shall surely give him, and your heart shall not be grieved when you give to him; because that for this thing Yahweh your God will bless you in all your work, and in all that you put your hand to. For the poor will never cease out of the land: therefore I command you, saying, You shall surely open your hand to your brother, to your needy, and to your poor, in your land. If your brother, a Hebrew man, or a Hebrew woman, is sold to you, and serves you six years; then in the seventh year you shall let him go free from you. When you let him go free from you, you shall not let him go empty: you shall furnish him liberally out of your flock, and out of your threshing floor, and out of your winepress; as Yahweh your God has blessed you, you shall give to him. You shall remember that you were a bondservant in the land of Egypt, and Yahweh your God redeemed you: therefore I command you this thing today.
When you do lend your neighbor any kind of loan, you shall not go into his house to get his pledge. You shall stand outside, and the man to whom you do lend shall bring forth the pledge outside to you.
He who is collateral for a stranger will suffer for it, but he who refuses pledges of collateral is secure.
A man void of understanding strikes hands, and becomes collateral in the presence of his neighbor.
But because he couldn't pay, his lord commanded him to be sold, with his wife, his children, and all that he had, and payment to be made.
His lord was angry, and delivered him to the tormentors, until he should pay all that was due to him.
Smith
Debtor.
[LOAN]
See Loan