Filing Bankruptcy Is Not A Sin
ChristiaNet.com, a large Christian portal with eight million monthly page loads, recently asked, "Is filing bankruptcy a sin?" Bill Cooper, president of ChristiaNet stated, "The motivation of a Christian's heart is where the Lord looks."
Out of 1,500 Christians surveyed, 51% responded that they did not feel filing bankruptcy was a sin, "It is legal, and what if something happened to you that you couldn't pay your bills like being laid off or something?" One poller stated, "Anyone who says filing for bankruptcy is a sin is ignorant of the Scriptures. They should read the O.T. and see what God says about the Jubilee." Other survey takers did not feel it was a sin because, "As in anything, the intent and circumstances of which the filing occurs declares whether it is a sin. As long as you are not just running up a bunch of bills so you can file bankruptcy, and have a legitimate reason, it's ok."
Twenty-nine percent were unsure about whether or not it was a sin, "I think that every seven years, in the Bible, there was financial forgiveness. We all make mistakes and God understands." Others wrote, "It totally depends on why you filed." One survey taker responded, "If you have the money to pay back your creditors, then you should. If you just don't want to and would rather keep your money, then you are wrong."
Only twenty percent of poll takers felt that Christians who filed for bankruptcy were sinning. Comments such as, "It is a really bad testimony for a Christian" and "God says that we are to pay our debts, no matter what" were made. Others felt that a person was showing a lack of trust in God by filing, "If you love and trust God, He will help your situation. It is better to be honest with your creditors and try to work out a payment plan, then try to get off free from payment. Bankruptcy results in a mismanagement of money. The Bible instructs us on money management as well."
To help educate Christians, ChristiaNet has just released a series of bankruptcy articles. These articles are designed to assist Christians in their quest for concise, easy-to-understand information.