Published On: June 23, 2014

Forgive Us Our Debts as We Forgive Our Debtors: Bankruptcy and the Bible

Root of all Evil: Credit has Taken the Place of Money

root of all evilDalton Camp proclaimed many years ago that, “having lost its value, money many no longer be the root of all evil; credit having taken its place.”  This statement demonstrates the paradox of modern day religion and debt —  should our reaction be one of condemnation or one of compassion.  Since many recent respected studies have show that the average American family is only three weeks away from personal bankruptcy, and new legislation that will deny bankruptcy relief to hundreds of thousands of American families is now the law (BAPCPA – passed in 2005), it is time to revisit what the Bible teaches us about debt.


Article from Mosteller, Stulberg, Whitfield & Allen

Most of us have lost all compassion for those in need. We read the bible, we listen to our preachers and teachers preach the value of giving to others, but do we really care?

Think about the information you are giving this stranger: all your financial information, your children’s names, bank accounts and your social security number. You do this without the slightest guarantee that the information will be kept safe.

Most of us have lost all compassion for those in need.  We read the bible, we listen to our preachers and teachers preach the value of giving to others, but do we really care?  Do we actually take someroot of all evil of our valuable time to give to those who cannot give to themselves?  Only you can answer that question.  It is my hope that you realize that but for a few paychecks someone close to you is on the street looking for a handout for your next meal.

Check cashing, title loan and pay day loan companies and some banks have taken the place of the money changers referenced in John 2:14 “poured out the changers of money and overthrew the tables”.

Learning to use money is the most important skill anyone can learn.  Are we teaching our children how to use credit?  Most of our schools do not even mention credit or how to use money.  I find that many parents do not know how to use money, therefore are not able to pass that skill on to their children.  Whatever our children learn will be passed down to the next generation, and so forth.  Consider checking out Feed The Pig.   This is a great resource with wonderful tips.[/av_textblock] [av_hr class=’custom’ height=’50’ shadow=’no-shadow’ position=’center’ custom_border=’av-border-thin’ custom_width=’85%’ custom_border_color=’#003d00′ custom_margin_top=’0px’ custom_margin_bottom=’0px’ icon_select=’no’ custom_icon_color=” icon=’ue837′ font=’entypo-fontello’ av_uid=’av-552jm1′ custom_class=” admin_preview_bg=”]

Other articles about bankruptcy, history and religion

 CLICK TO OUR WEBSITE

I may be naive, but I really believe that the great majority of us are: compassionate, sincere, giving, self-less (to a limit), committed to making the world better for those who come after us and all other characteristics that make us “good” people.  Why is that we spend 80 percent of our time protecting us and those around us from the small minority who lack all of the emotions that make up  “good” people?  Is it upraising, chemical, trauma or just plain evil?  I don’t know the answer to this ageless question.  What I do know is that if enough of us believe in being “good” then we will make a difference.  I am  not talking about the “turn the other cheek” philosophy.  Those who know me know I am a fighter for those who have been wronged by others.  I am a teacher for those who want or need the knowledge.  I am a mentor for those who want to learn what I have to share (hopefully one or two might follow in my footsteps).  I have a short life here and want to leave this world better than I found it.

By |Published On: June 23rd, 2014|Last Updated: June 20th, 2022|

Share this article

About the Author: Diane Drain

Diane is a well respected Arizona bankruptcy and foreclosure attorney. As a retired law professor, she believes in offering everyone, not just her clients, advice about bankruptcy and Arizona foreclosure laws. Diane is also a mentor to hundreds of Arizona attorneys.

*Important Note from Diane: Everything on this web site is offered for educational purposes only and not intended to provide legal advice, nor create an attorney client relationship between you, me, or the author of any article. Information in this web site should not be used as a substitute for competent legal advice from an attorney familiar with your personal circumstances and licensed to practice law in your state. Make sure to check out their reviews.*

Law Office of D.L. Drain, P.A., Arizona Bankruptcy Lawyer - Google Reviews
Law Office of D.L. Drain, P.A., Arizona Bankruptcy Lawyer - Yelp Reviews
Law Office of D.L. Drain, P.A., Arizona Bankruptcy Lawyer - Avvo Reviews
Avvo - Rate your Lawyer. Get Free Legal Advice.
Law Office of D.L. Drain, P.A., Arizona Bankruptcy Lawyer - Alignable Reviews
Law Office of D.L. Drain, P.A., Arizona Bankruptcy Lawyer - Better Business Bureau
5 / 5

“You folks are the BEST OF THE BEST in Arizona.” M.H.

You and Jay are the best attorneys I have ever had or needed and thank God for the Honorable Robert Gottsfield in recommending you folks – I would have never made it through the entire process without you and Jay and God Bless you both always and stay in touch as well. You folks are the BEST OF THE BEST in Arizona.

5 / 5

“My only regret is that I didn’t find Diane sooner.” K.H.

I can’t say enough good things about Diane. The way she handled my not typical circumstances was amazing. I was very nervous to start the bankruptcy process but Diane just has a very comforting way of explaining the whole process. My only regret is that I didn’t find Diane sooner. If you find yourself in a financial situation that you can’t correct on your own, please Call Diane Drain as soon as possible.

5 / 5

“Filing for bankruptcy can be a stressful life event” R.A.

Filing for bankruptcy can be a stressful life event, and selecting the right attorney can add to this stress. Diane and Jay were a pleasure to work with, and it is obvious that they are passionate about helping people get their life back on track. I would highly recommend them if you need a bankruptcy attorney.

Related Posts

  • Published On: July 24, 2022

    Want to avoid dishonest debt collectors?  Watch this video from FTC’s Consumer Advice By Joseph Ferrari,July 22, 2022 (reprint from FTC, Consumer Alerts) During Military Consumer Month 2022, the FTC [...]

  • Published On: July 20, 2022

    BEWARE OF THE SECRET COSTS OF USING ‘BUY NOW PAY LATER’!! What You May Not Know About These Services Services like “buy now pay later” now account for $100 [...]

  • Published On: June 19, 2022

    RELIGION AND BANKRUPTCY Bankruptcy has its roots in religion. No one should avoid dealing with debt because of misunderstandings about religious or ethical considerations. It is NOT shameful to seek relief from crushing debt! [...]

  • Published On: June 18, 2022

    Usury – historical references and bankruptcy USURY can be traced back 4,000 years.  It has always been despised, condemned, restricted or banned by moral, ethical, legal or religious entities. The oldest references to usury [...]

My intention is to put you back in control of your life
Start with $0 down*. We provide affordable payment plans.

FREE CONSULTATION