Given the state of the economy over the past few years, many people have debts they can no longer pay. One of the ways those debts are settled is through negotiations that end with the debtor satisfying the debt by paying less than the full amount owed. We are required by our faith to pay our obligations, and settling a debt for less than the amount owed can seem un-Christ-like. What should you do in such situations?
bankruptcy
Is Bankruptcy Ever Okay for a Christian?
With many people still struggling to find work, bankruptcy filings continue to grow. More than 500,000 people have filed so far this year, according to the National Bankruptcy Research Center. That’s up 17 percent from last year at this time. While bankruptcy’s stigma has weakened in recent years, it is still an especially troubling topic […]
Getting out of Debt (Series)
Are you looking for help getting out of debt? …Over the last 2 years while working to get out of debt, we have paid off nearly $30,000 in consumer debts from some mistakes that we made in the past.
Bankruptcy & The Bible
What does the Bible say about bankruptcy? Here is the truth about what the Bible says about bankruptcy.