Colson on Debt and Giving
"The wicked borrows but does not pay back,
but the righteous is generous and gives..." Psalm 37:21
That verse is a pretty good introduction to the issues facing people who declare bankruptcy but want to continue to give to the church. As noted on this blog previously, there was some controversy over the legalization and regulation of the inclusion of charitable donations and tithes when filing for bankruptcy.
In yesterday’s BreakPoint, Chuck Colson weighs in, supporting the efforts of the Obama-Hatch tithing bill to allow “everyone in bankruptcy to continue regularly giving to churches and charities, just as they had before” the 2005 bankruptcy reform legislation had passed.
Colson concludes, “Allowing people to continue giving to others as they try to repay their creditors only promotes responsibility.”
(More on the latest developments on this legislation and recent court decisions here.)
but the righteous is generous and gives..." Psalm 37:21
That verse is a pretty good introduction to the issues facing people who declare bankruptcy but want to continue to give to the church. As noted on this blog previously, there was some controversy over the legalization and regulation of the inclusion of charitable donations and tithes when filing for bankruptcy.
In yesterday’s BreakPoint, Chuck Colson weighs in, supporting the efforts of the Obama-Hatch tithing bill to allow “everyone in bankruptcy to continue regularly giving to churches and charities, just as they had before” the 2005 bankruptcy reform legislation had passed.
Colson concludes, “Allowing people to continue giving to others as they try to repay their creditors only promotes responsibility.”
(More on the latest developments on this legislation and recent court decisions here.)
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