19 Bible Verses about Bankruptcy

The wicked borrows and does not pay back,
But the righteous is gracious and kind and gives.

“At the end of every seven years you shall grant a release (remission, pardon) from debt. This is the regulation for the release: every creditor shall forgive what he has loaned to his neighbor; he shall not require repayment from his neighbor and his brother, because the Lord’s release has been proclaimed.

The rich rules over the poor,
And the borrower is servant to the lender.

Owe nothing to anyone except to love and seek the best for one another; for he who [unselfishly] loves his neighbor has fulfilled the [essence of the] law [relating to one’s fellowman].

It is better that you should not vow than that you should vow and not pay.

When you make a vow or a pledge to God, do not put off paying it; for God takes no pleasure in fools [who thoughtlessly mock Him]. Pay what you vow. It is better that you should not vow than that you should vow and not pay.

“At the end of every seven years you shall grant a release (remission, pardon) from debt.

in order that in Christ Jesus the blessing of Abraham might also come to the Gentiles, so that we would all receive [the realization of] the promise of the [Holy] Spirit through faith.

Let the peace of Christ [the inner calm of one who walks daily with Him] be the controlling factor in your hearts [deciding and settling questions that arise]. To this peace indeed you were called as members in one body [of believers]. And be thankful [to God always].

You will show me the path of life;
In Your presence is fullness of joy;
In Your right hand there are pleasures forevermore.

casting all your cares [all your anxieties, all your worries, and all your concerns, once and for all] on Him, for He cares about you [with deepest affection, and watches over you very carefully].

Trust in and rely confidently on the Lord with all your heart
And do not rely on your own insight or understanding.

In all your ways know and acknowledge and recognize Him,
And He will make your paths straight and smooth [removing obstacles that block your way].

“If you lend money to any one of My people with you who is poor, you shall not act as a creditor (professional moneylender) to him; you shall not charge him interest. If you ever take your [poor] neighbor’s robe in pledge, you must return it to him before sunset, for that is his only covering; it is his clothing for his body. In what shall he sleep? And when he cries to Me [for help], I will hear him, for I am compassionate and gracious.

‘Now if your fellow countryman becomes poor and his hand falters with you [that is, he has trouble repaying you for something], then you are to help and sustain him, [with courtesy and consideration] like [you would] a stranger or a temporary resident [without property], so that he may live among you. Do not charge him usurious interest, but fear your God [with profound reverence], so your countryman may [continue to] live among you. You shall not give him your money at interest, nor your food at a profit.

For you are recognizing [more clearly] the grace of our Lord Jesus Christ [His astonishing kindness, His generosity, His gracious favor], that though He was rich, yet for your sake He became poor, so that by His poverty you might become rich (abundantly blessed).

You, therefore, will be perfect [growing into spiritual maturity both in mind and character, actively integrating godly values into your daily life], as your heavenly Father is perfect.

You may charge interest to a foreigner, but to your fellow Israelite 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 [involving themselves in others’ finances],
Or among those who become guarantors for others’ debts.

If you have nothing with which to pay [another’s debt when he defaults],
Why should his creditor take your bed from under you?