Bankruptcy is Forgiveness of Debt: A Principle as Old as the Bible
Bankruptcy and the Bible is explored in depth by Indianapolis based bankruptcy attorney John Bymaster in his new book Is Bankruptcy Biblically Moral ?
Is Bankruptcy Biblically Based ?
“At the end of every seventh year you are to cancel the debts of those who owe you money. This is how it is to be done. Everyone who has lent money is to cancel the debt; he must not try to collect the money: the Lord himself has declared the debt canceled.”