Many people considering bankruptcy have religious concerns and wonder if they can still be a good Christian or Jew and simultaneously file bankruptcy. Very few people know that the origins of bankruptcy actually come from Deuteronomy 15:1-2 which reads:
“At the end of every seventh year you are to cancel the debts of those who owe you money the Lord himself has declared the debt canceled.”
This is the reason why people can only file a Chapter 7 bankruptcy every eight years (eight years being the end of the seventh year). To take things further, the United States Bankruptcy Code permits a substantial tithe contribution to qualified charities if made under certain circumstances.
We at Law Office of David M. Goldman have lawyers who are members of the Christian Lawyer Directory should you have a bankruptcy question, or if you would like to discuss a consumer law issue with a Jacksonville Bankruptcy Lawyer, call 904-685-1200 today.