Looking at the Bible
Looking at the Bible, it can be said that there are many verses forbidding a believer from borrowing. Deuteronomy 15:6 says, “For the Lord will bless you, as He promised you, and you shall lent to many nations, but you shall not borrow”. God promised abundant blessing to believers. “The rich rules over the poor, and the borrower is the slave of the lender” (Proverbs 22:7). God wants does not want His children to be slaves, He wants us to be free for Jesus set us free. A believer must walk in faith, in believing that God would provide. However, God does not totally forbid us to borrow from others.
It is part of God’s actions to bless you with reliable persons, with brothers and sisters in faith. When you borrow, make sure to ask God for guidance and God will direct you to people, people who would help you. It is God who will touch the heart of that person to lend you. But as much as possible, you shall not borrow from unbelievers for God has given you brothers and sisters to help you in times of need. In Carl’s case, since he has already borrowed to the extent the he cannot pay, it would be depending on the file of bankruptcy made.
If it was Chapter 7 which “eliminates your debt” (Arnold 2008), then God forbids it. Psalm 37:21 says that the wicked borrows and does not pay. Before, we are wicked but when we decided to follow God, we are transformed into new beings, righteous and holy. Therefore, God does not want us to continue living in wickedness. However, since Carl is not capable to pay, he could file for bankruptcy under Chapter 7 which will arrange pay back to bankruptcy debts that is owed to each creditor over a period of time (Arnold 2008).
Thus, you will also pay for your debt in a timely manner and thus, in due time, you will not owe anyone and start a new. References Arnold, Jon. (2008). Understanding the Effects of Bankruptcy Debt. Retrieved October 4, 2008 from http://ezinearticles. com/? Understanding-the-Effects-of-Bankruptcy-Debt&id=1488759 Crank, David. (2000). On Debt and Borrowing. Retrieved October 4, 2008 from http://www. unlessthelordmagazine. com/articles/debt. htm The Holy Bible English Standard Version
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