Crosswalk.com aims to offer the most compelling biblically-based content to Christians on their walk with Jesus. Crosswalk.com is your online destination for all areas of Christian Living – faith, family, fun, and community. Each category is further divided into areas important to you and your Christian faith including Bible study, daily devotions, marriage, parenting, movie reviews, music, news, and more.

Intersection of Life and Faith

<< Integrity Moments with Rick Boxx

Integrity Moments - October 15, 2015

  • 2015 Oct 15
  • COMMENTS

 

 

Is Bankruptcy a Sin?
By: Rick Boxx
October 15, 2015

A struggling business owner once called me to ask if bankruptcy is a sin. He had been talking with a bankruptcy attorney due to his company’s debt load, and his biggest concern was his desire to please God.

Bankruptcy is a legal maneuver that sometimes cannot be prevented, especially if multiple creditors force someone into involuntary bankruptcy. Therefore, bankruptcy is not a sin, but how you choose to repay your debts can be. The goal is to pay back all you owe as fast as possible.

Romans 13:8 teaches, “Let no debt remain outstanding, except the continuing debt to love one another, for whoever loves others has fulfilled the law.”

Try everything possible to avoid bankruptcy, but remember God can even use bankruptcy to love your creditors and help you repay debts faster.

Learn more about Rick Boxx and Integrity Resource Center

Archives

Follow Crosswalk.com