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Is it wrong for a Christian to declare bankruptcy? To answer, we need to separate the moral from the ethical, or the biblical from the legal. Our legal system allows individuals and businesses to have some protection from creditors through the various bankruptcy laws. However, I don’t believe a Christian can not repay the money he has borrowed and still be moral. Failing to repay is to violate Ps. 37:21. (Blue, Ron, The Debt Squeeze, Focus on the Family, Pomona CA, 1989. pg. 43)

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