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19 Bible Verses about Bankruptcy
Most Relevant Verses
“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.
The rich rules over the poor,
And the borrower becomes the lender’s slave.
Owe nothing to anyone except to love one another; for he who loves his neighbor has fulfilled the law.
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.
in order that in Christ Jesus the blessing of Abraham might come to the Gentiles, so that we would receive the promise of the Spirit through faith.
Let the peace of Christ rule in your hearts, to which indeed you were called in one body; and be thankful.
You will make known to me the path of life;
In Your presence is fullness of joy;
In Your right hand there are pleasures forever.
casting all your anxiety on Him, because He cares for you.
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.
“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.
‘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.
For you know the grace of our Lord Jesus Christ, that though He was rich, yet for your sake He became poor, so that you through His poverty might become rich.
Therefore you are to be perfect, as your heavenly Father is perfect.
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.
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?