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Lewis C. Lorenz

Attorney at Law
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Is Bankruptcy a morally responsible debt treatment alternative?

Not paying what you owe is generally wrong. Does the Christian faith allow it? Generally, if no other alternative exists to eradicate the disease of debt, bankruptcy protection provided by the law is an acceptable and morally responsible debt treatment.

Obviously, we are in the business of helping obtain bankruptcy protection and so you may view our position with suspicion. So, we offer a few discussions we have found on the web from sources generally believed to be reputable.

Christian Courier (christiancourier.com) "In conclusion, it is possible that, under certain dire circumstances, the child of God might be able to utilize the temporary protection of the bankruptcy code. He must be sure, however, that he does not abuse his creditors, and that he makes a diligent and honest effort to take care of his financial obligations — even should such require a protracted period of time." (Read the article.)

Christianity Today (christianitytoday.com) A financial guru discusses bankruptcy. The question is, are you truly bankrupt? Determining this is the job of a credit counseling agency. (Read the article.)

BKForum (bkforum.com) A forum discussion on bankruptcy and religious values. (Read the article.)

Politics and Christianity (politicsandchristianity.com) "Perhaps it is due to my experience as a pastor's wife, but it is hard for me to say that filing bankruptcy is always immoral." (Read the article.)

  ADVICE  
 
Ask your minister, or other counselor, if you have any doubt about whether this is acceptable for you.

 

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