Biblical Answer

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Your Question:

What am I supposed to do now that my business is bankrupt?

Answer:

**Facing Bankruptcy: A Call to Integrity and Responsibility**

When facing bankruptcy, it's essential to acknowledge the underlying reasons and take responsibility for one's actions. Bankruptcy may result from irresponsible spending or negligence, which is not only a financial issue but also a moral one. It's crucial to recognize that bankruptcy should not be used as a means of avoiding personal responsibility or moral accountability.

**A Call to Moral Responsibility**

In the midst of financial struggles, it's easy to lose sight of moral principles. However, as followers of Jesus, we are called to live with integrity and honesty. This means being transparent about our financial situation, facing our creditors, and taking responsibility for our actions. We must not use bankruptcy as a way to avoid our obligations or to preserve personal resources at the expense of others. Instead, we should strive to make amends, pay our debts, and rebuild our financial foundation on a solid moral base.

**Seeking God's Guidance and Wisdom**

As we navigate the challenges of bankruptcy, it's essential to seek God's leadership and guidance. We must wait for full confidence in God's will and then take action. This may involve making difficult decisions, taking calculated risks, and being willing to face the consequences of our actions. By seeking God's wisdom and guidance, we can avoid making foolish decisions and instead make choices that honor Him and promote integrity and responsibility in our financial dealings. Ultimately, our goal should be to rebuild our lives and our finances on a foundation of moral integrity and responsibility. As Jesus said, "If you are faithful in little things, you will be faithful in large ones. But if you are dishonest in little things, you will be dishonest in large ones." (Luke 16:10) Let us strive to be faithful and honest in all our dealings, even in the midst of financial struggles.

Sources:

introduction biblical ethics
robertson mcquilkin
building dynamic faith
jerry falwell
my utmost for his highest
oswald chambers
power of a praying wife
stormie omartian

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