A debt is something that is owed or due, usually money. That's all! It's worth noting that the definition does not categorize debt as good or bad; it's simply a condition. Being in debt means owing someone money and expecting to be reimbursed at some point in the future. Affirming morality to a debt situation entails forming an opinion about why the debt was created and judging the person(s) responsible.
The problem with this approach is that we frequently get it wrong because people get into debt for a variety of reasons, sometimes of their own choosing and sometimes not.
The widow in 2 Kings 4 found herself in debt and on the verge of losing her sons after her husband died and she was unable to pay his creditors. Should we judge her as sinful or disobedient to God's laws simply because she was in debt?
The Bible makes no mention of debt being a sin or the result of disobedience. We assume it does, not because it says so explicitly, but because of what we've heard or interpreted from other scriptures. Here in this book are some Biblical references to debt and its meanings:
We must examine all of the answers in this book to better understand debt, its implications, and God's position about debt.
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