Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

IS IT MORAL AND ETHICAL FOR CHRISTIANS TO ENROLL IN DEBT SETTLEMENT PROGRAMS?

April 26, 2017Christians Debt Settlement Ethical moral Programs

0

Posted

IS IT MORAL AND ETHICAL FOR CHRISTIANS TO ENROLL IN DEBT SETTLEMENT PROGRAMS?

1 Answer

0

Posted

Yes, debt settlement is both a legal and a moral way Christians often seek debt relief. Creditors are willing to settle the balance of a debt if they realize the debtor is in severe hardship and is facing the possibility of bankruptcy as the only solution to their debt problems. The creditors willingly participate in the negotiation process in determining the amount they believe to be a fair offer on the total balance due.