Acton Institute Powerblog

Colson on Debt and Giving

Share this article:
Join the Discussion:

“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.)

Jordan J. Ballor Jordan J. Ballor (Dr. theol., University of Zurich; Ph.D., Calvin Theological Seminary) is a senior research fellow and director of publishing at the Acton Institute for the Study of Religion & Liberty. He is also a postdoctoral researcher in theology and economics at the VU University Amsterdam as part of the "What Good Markets Are Good For" project. He is author of Get Your Hands Dirty: Essays on Christian Social Thought (and Action) (Wipf & Stock, 2013), Covenant, Causality, and Law: A Study in the Theology of Wolfgang Musculus (Vandenhoeck & Ruprecht, 2012) and Ecumenical Babel: Confusing Economic Ideology and the Church's Social Witness (Christian's Library Press, 2010), as well as editor of numerous works, including Abraham Kuyper Collected Works in Public Theology. Jordan is also associate director of the Junius Institute for Digital Reformation Research at Calvin Theological Seminary.

Comments