Case Study: Your long-time friend Carl comes to you with a serious problem in his life. He is a believer, and he wants your advice. For years he and his family have lived above their means. They did this by continually refinancing their house and rolling their credit card and other debt onto their home mortgage. However, now that real estate prices are no longer rising but actually falling, Carl can’t refinance anymore and can’t pay his monthly bills as they come due. He is in a real credit crisis. His creditors are calling him with threatening lawsuits, garnishments, and other unpleasant things. One of his friends at work said that he should file bankruptcy. He comes to you for advice from a Christian perspective. In particular, he wants to know:
1. Does the Bible forbid him to file bankruptcy?
2. Does the Bible forbid borrowing altogether? If not, when is it permissible to borrow money?
Use the words “Forbids” or “Does not Forbid” in the subject line of your thread, depending upon your conclusion. Do not use attachments as these are cumbersome and inhibit the discussion process.
Submit your thread by 11:59 p.m. (ET) on Monday of Module/Week 3. Submit your first reply by 11:59 p.m. (ET) on Thursday and your second reply by 11:59 p.m. (ET) on Monday of Module/Week 4.
Read and consider these and other Bible verses that relate to borrowing, lending, and lawsuits: Proverbs 17:14, Proverbs 20:3, Proverbs 25:8–10, 1 Corinthians 6:1–8, Matthew 5:22–26, Matthew 5:33–37, Matthew 5:38–42, Psalm 37:21, Ecclesiastes 5:4–5, Colossians 3:9, Ephesians 4:22, Ephesians 4:25, Leviticus 25, Deuteronomy 15:1–18, Psalm 37:26, Psalm 112:5, Proverbs 19:17, Proverbs 22:7, Deuteronomy 24:6, Deuteronomy 24:10–13, Deuteronomy 24:17, Exodus 22:25–27, Proverbs 6:1–5, and Proverbs 22:26–27.
You may also want to consult some good commentaries and other study aids on some of the verses that seem particularly relevant to you.Although a detailed understanding of bankruptcy law is not necessary to answer this discussion board, Chapter 21 of text provides useful background.
Discussion Board Thread Grading Rubric
All key components of the Discussion Board Forum prompt are answered in the thread.
Major points are supported by the following:
· Reading & Study materials;
· Pertinent, conceptual, or personal examples;
· Thoughtful analysis (considering assumptions, analyzing implications, and comparing/contrasting concepts);
· At least 2 sources in current APA format; and
· Integration of biblical principles.
Proper spelling and grammar are used.
· Required word count (a minimum of 300 words) is met.
· Communication follows Student Expectations.