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Your Question:

How can I pay off $100,000 in medical debt?

Answer:

The Dangers of Debt


Debt can be a significant burden, not only financially but also spiritually. The Bible teaches that we are to be good stewards of our resources and to honor God with our finances (Matthew 6:19-24, 1 Corinthians 16:2). When we accumulate debt, we can feel trapped and anxious, which can lead to a sense of hopelessness and despair. This can be particularly challenging when the debt is substantial, such as a $100,000 medical bill.

Seeking Help and Guidance


In the face of overwhelming debt, it is essential to seek help and guidance from God and His people. The Bible teaches that we should "render all due obedience to the civil authorities" (Romans 13:1), which includes seeking assistance from government agencies or non-profit organizations that specialize in debt relief. These organizations can often negotiate with creditors to reduce or eliminate debt, or provide guidance on creating a manageable payment plan. Additionally, seeking guidance from a Christian counselor or financial advisor can provide valuable insight and support in navigating the debt relief process.

A Biblical Approach to Debt Relief


While it may seem impossible to pay off a $100,000 medical debt, it is not impossible with God's help and guidance. The Bible teaches that God is a God of abundance and provision (Matthew 6:33, 2 Corinthians 9:8). By seeking God's guidance and wisdom, and by being good stewards of our resources, we can find creative solutions to our financial challenges. This may involve seeking assistance from government agencies or non-profit organizations, negotiating with creditors, or creating a manageable payment plan. Ultimately, our goal should be to honor God with our finances and to seek His guidance and provision in all aspects of our lives. As the Bible teaches, "We were $10.55 million ahead of where we thought we would be. Because God provided this $10.55 million miracle, we entered the Ericsson facility debt-free." (emphasis added). With God's help and guidance, we can find freedom from debt and live a life that honors Him.

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