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19 Bible Verses about Bankruptcy

Most Relevant Verses

Deuteronomy 15:1-2

"You must cancel your debts at the end of every seventh year. This is the way to conduct remission: every creditor must cancel the loan that his friend borrowed, and he must not pressure his friend or brother to repay it, because remission to the LORD will be proclaimed.

Ecclesiastes 5:4-5

When you make a promise to God, don't fail to keep it, since he isn't pleased with fools. Keep what you promise it's better that you don't promise than that you do promise and not follow through.

Proverbs 3:5-6

Trust in the LORD with all your heart, and do not depend on your own understanding. In all your ways acknowledge him, and he will make your paths straight.

Exodus 22:25-27

"If you loan money to my people, to the poor among you, don't be like a creditor to them and don't impose interest on them. If you take your neighbor's coat as collateral, you are to return it to him by sunset, for it's his only covering; it's his outer garment, for what else can he sleep in? And when he cries out to me, I'll hear him, for I am gracious.

Leviticus 25:35-37

"If your relative becomes so poor that he is indebted to you, then you are to support him. You are to let him live with you just like the resident alien and the traveler. You are not to take interest or profit from him. Instead, you are to fear your God and let your relative live with you. You are not to loan him money with interest or sell him your food at a profit.

Deuteronomy 23:20

You may charge interest to a foreigner, but don't charge interest to your relatives, so the LORD your God may bless you in everything you undertake in the land that you are about to enter and possess.

Proverbs 22:26-27

Don't be one of those who make promises to guarantee loans for debts. If you don't have the ability to pay, why should your very bed be taken from under you?

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Moral Bankruptcy

24;5;4

Then I said, "These are only the poor, they're foolish, for they don't know the LORD's way, the requirement of their God.

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