Bankruptcy
10 passages
- Deuteronomy 15:1–2
1At the end of every seven years you must cancel debts. 2This is the manner of remission: Every creditor shall cancel what he has loaned to his neighbor. He is not to collect anything from his neighbor or brother, because the LORD’s time of release has been proclaimed.
Read it in context - Psalm 37:21
The wicked borrow and do not repay, but the righteous are gracious and giving.
Read it in context - Proverbs 22:7
The rich rule over the poor, and the borrower is slave to the lender.
Read it in context - Exodus 22:25–27
25If you lend money to one of My people among you who is poor, you must not act as a creditor to him; you are not to charge him interest. 26If you take your neighbor’s cloak as collateral, return it to him by sunset, 27because his cloak is the only covering he has for his body. What else will he sleep in? And if he cries out to Me, I will hear, for I am compassionate.
Read it in context - Leviticus 25:35–37
35Now if your countryman becomes destitute and cannot support himself among you, then you are to help him as you would a foreigner or stranger, so that he can continue to live among you. 36Do not take any interest or profit from him, but fear your God, that your countryman may live among you. 37You must not lend him your silver at interest or sell him your food for profit.
Read it in context - Ezekiel 18:13
He engages in usury and takes excess interest. Will this son live? He will not! Since he has committed all these abominations, he will surely die; his blood will be on his own head.
Read it in context - Deuteronomy 23:19–20
19Do not charge your brother interest on money, food, or any other type of loan. 20You may charge a foreigner interest, but not your brother, so that the LORD your God may bless you in everything to which you put your hand in the land that you are entering to possess.
Read it in context - Luke 6:34–35
34And if you lend to those from whom you expect repayment, what credit is that to you? Even sinners lend to sinners, expecting to be repaid in full. 35But love your enemies, do good to them, and lend to them, expecting nothing in return. Then your reward will be great, and you will be sons of the Most High; for He is kind to the ungrateful and wicked.
Read it in context - Nehemiah 5:11
Please restore to them immediately their fields, vineyards, olive groves, and houses, along with the percentage of the money, grain, new wine, and oil that you have been assessing them.”
Read it in context - Romans 13:8
Be indebted to no one, except to one another in love. For he who loves his neighbor has fulfilled the law.
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