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What if I can't make my mortgage payments?

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Financial Obligations and Biblical Principles

When faced with the inability to make mortgage payments, it is essential to understand the biblical principles that guide our financial decisions. In the Bible, debt is viewed as a serious matter that can lead to financial ruin and even slavery (Proverbs 22:7). However, it is also recognized that borrowing money can be a necessary evil in certain circumstances. The key is to ensure that borrowing is done responsibly, with a clear understanding of the terms and conditions of the loan.

Seeking Help and Guidance

If you are struggling to make mortgage payments, it is crucial to seek help and guidance from a trusted advisor, such as a financial counselor or a Christian ministry that specializes in financial assistance. These organizations can provide you with practical advice and support to help you navigate the situation and find a solution that is consistent with your values and financial goals. They may also be able to connect you with resources that can help you pay off debt or refinance your mortgage.

Biblical Principles for Debt Management

As Christians, we are called to live responsibly and honorably in all aspects of life, including our financial decisions. When it comes to debt, the Bible teaches us to avoid debt whenever possible, to borrow only when necessary, and to repay our debts in a timely manner (Proverbs 22:7, Romans 13:8). If you are struggling to make mortgage payments, consider the following principles:

Seek help and guidance from a trusted advisor or a Christian ministry that specializes in financial assistance.
Prioritize your financial obligations and communicate with your lender to discuss possible solutions.
Consider debt consolidation or refinancing options to make your mortgage payments more manageable.
Develop a budget and financial plan that takes into account your income, expenses, and debt obligations.
Seek support from your church or a Christian community to help you stay accountable and motivated in your financial decisions.

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