Creditors: Often Exacted Debts by Selling the Debtor's Property
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In biblical times, the relationship between creditors and debtors was a significant aspect of economic and social life. The practice of exacting debts often involved the selling of the debtor's property, a process that is documented in various passages of Scripture. This entry explores the biblical context and implications of such practices.

Old Testament Context

The Old Testament provides several instances where creditors exacted debts by seizing and selling the debtor's property. This practice was often a last resort when a debtor could not fulfill their financial obligations. The Mosaic Law contains specific regulations to protect debtors from excessive exploitation by creditors.

In 2 Kings 4:1, we find the account of a widow who cried out to the prophet Elisha because a creditor was coming to take her two sons as slaves to pay off her deceased husband's debt. This narrative highlights the severe consequences that could befall a family unable to repay their debts. The law allowed for such measures, but it also provided for the eventual release of Hebrew slaves in the Year of Jubilee (Leviticus 25:39-41).

The Book of Nehemiah also addresses the issue of debt and the selling of property. Nehemiah 5:3-5 describes a situation where the people of Judah had to mortgage their fields, vineyards, and homes to buy grain during a famine. Some even sold their children into servitude to pay their debts. Nehemiah's response was to call for the cancellation of such debts and the restoration of property, emphasizing the importance of compassion and justice.

Legal Protections and Ethical Considerations

The Mosaic Law included provisions to protect debtors from harsh treatment. For instance, Deuteronomy 24:10-13 instructs creditors not to enter a debtor's house to collect a pledge but to wait outside, allowing the debtor to bring the pledge out. This law aimed to preserve the dignity and privacy of the debtor.

Furthermore, the law prohibited taking essential items as collateral. Deuteronomy 24:6 states, "Do not take a pair of millstones, or even the upper one, as security for a debt, because that would be taking a man's livelihood as security." This regulation ensured that debtors retained the means to support themselves and their families.

Prophetic Critique

The prophets frequently criticized the exploitation of the poor and the unjust practices of creditors. Amos 2:6-7 condemns those who "sell the righteous for silver, and the needy for a pair of sandals," highlighting the moral failure of those who prioritized financial gain over human dignity. Isaiah 10:1-2 also speaks against those who "decree iniquitous decrees" and "rob the poor of their rights."

New Testament Insights

In the New Testament, Jesus' teachings often addressed issues of wealth, debt, and forgiveness. In the parable of the unmerciful servant (Matthew 18:23-35), Jesus illustrates the importance of mercy and forgiveness in financial dealings. The parable contrasts the king's forgiveness of a massive debt with the servant's harsh treatment of a fellow servant who owed him a small amount, underscoring the call to extend grace to others as God has extended grace to us.

The early Christian community also practiced mutual support and generosity, as seen in Acts 4:32-35, where believers shared their possessions to ensure that no one among them was in need. This communal approach reflects a departure from the harsh creditor-debtor dynamics and emphasizes the values of compassion and solidarity.

Conclusion

The biblical narrative presents a complex picture of the creditor-debtor relationship, balancing the need for financial responsibility with the call for justice, mercy, and compassion. The Scriptures advocate for the protection of the vulnerable and the ethical treatment of those in debt, urging believers to reflect God's character in their financial dealings.
Torrey's Topical Textbook
Matthew 18:25
But for as much as he had not to pay, his lord commanded him to be sold, and his wife, and children, and all that he had, and payment to be made.
Torrey's Topical Textbook

Resources
What does the Bible say about going into debt? | GotQuestions.org

I am a Christian in debt. What should I do? | GotQuestions.org

Is it right for a church to go into debt? | GotQuestions.org

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Subtopics

Creditors

Creditors were often Defrauded

Creditors: Defined

Creditors: God's Claim Upon Men

Creditors: Might Demand: Bills or Promissory Notes

Creditors: Might Demand: Mortgages on Property

Creditors: Might Demand: Pledges

Creditors: Might Demand: Security of Others

Creditors: Might Take Interest from Strangers

Creditors: Often Cruel in Exacting Debts

Creditors: Often Exacted Debts by Imprisonment

Creditors: Often Exacted Debts by Selling the Debtor or Taking Him for a Servant

Creditors: Often Exacted Debts by Selling the Debtor's Family

Creditors: Often Exacted Debts by Selling the Debtor's Property

Creditors: Often Exacted Debts: from the Sureties

Creditors: Prohibited From: Exacting Debts from Brethren During Sabbatical Year

Creditors: Prohibited From: Exacting Usury from Brethren

Creditors: Prohibited From: Taking Millstones in Pledge

Creditors: Prohibited From: Violently Selecting Pledges

Creditors: Sometimes Entirely Remitted Debts

Creditors: The Demands of the Law

Creditors: To Return Before Sunset, Garments Taken in Pledge

Related Terms

Debtor (7 Occurrences)

Debt (48 Occurrences)

Creditor (8 Occurrences)

Knock (7 Occurrences)

Troublers (3 Occurrences)

Divorcement (7 Occurrences)

Mammon (4 Occurrences)

Bill (9 Occurrences)

Bolt (5 Occurrences)

Compensation (3 Occurrences)

Certificate (8 Occurrences)

Credits (1 Occurrence)

Assignment (1 Occurrence)

Assign (22 Occurrences)

Settle (63 Occurrences)

Poverty (25 Occurrences)

Iniquities (59 Occurrences)

Transgressions (64 Occurrences)

Evil-doing (106 Occurrences)

Argument (45 Occurrences)

Cursing (53 Occurrences)

Sell (58 Occurrences)

Profit (143 Occurrences)

Statement (88 Occurrences)

Sold (92 Occurrences)

Mother's (102 Occurrences)

Divorce (18 Occurrences)

Creditors: Often Exacted Debts by Selling the Debtor's Family
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