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John R. Sutherland - Going broke: bankruptcy, business ethics, and the Bible

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title Going Broke Bankruptcy Business Ethics and the Bible author - photo 1

title:Going Broke : Bankruptcy, Business Ethics, and the Bible
author:Sutherland, John R.
publisher:Herald Press
isbn10 | asin:0836135563
print isbn13:9780836135565
ebook isbn13:9780585263021
language:English
subjectBusiness ethics, Bankruptcy, Bankruptcy--Moral and ethical aspects, Business--Religious aspects--Christianity.
publication date:1991
lcc:HF5388.S86 1991eb
ddc:332.75
subject:Business ethics, Bankruptcy, Bankruptcy--Moral and ethical aspects, Business--Religious aspects--Christianity.
Page 3
Going Broke
Bankruptcy, Business Ethics, and the Bible
John R. Sutherland
Foreword by Wally Kroeker
Page 4 Canadian Cataloguing in Publication Data Sutherland John R 1947 - photo 2
Page 4
Canadian Cataloguing in Publication Data
Sutherland, John R., 1947
Going broke : bankruptcy, business ethics, and the Bible
Includes bibliographical references and index.
ISBN 08361-3556-3
1. Finance, PersonalReligious aspectsChristianity.
2. BankruptcyMoral and ethical aspects. 3. Business ethics.
4. BankruptcyCanada. 5. BankruptcyUnited States. I. Title.
HF5388.S8 1991 261.8'5 C91-093778-8
Picture 3Picture 4
The paper used in this publication is recycled and meets the minimum requirements of American National Standard for Information SciencesPermanence of Paper for Printed Library Materials, ANSI Z39.48-1984.
Unless otherwise marked, Scripture quotations are from the Holy Bible: New International Version. Copyright 1973, 1978, 1984 International Bible Society. Used by permission of Zondervan Bible Publishers.
Scripture excerpt marked JB is from The Jerusalem Bible, copyright 1966 by Darton, Longman & Todd, Ltd. and Doubleday, a division of Bantam, Doubleday, Dell Publishing Group, Inc. Reprinted by permission.
Chapter 8 reproduces material from "The Ethics of Bankruptcy: A Biblical Perspective," by John R. Sutherland, originally published in the Journal of Business Ethics, Volume 7, No. 12, December 1988, pp. 917927. Copyright 1988. Used by permission of Kluwer Academic Publishers.
GOING BROKE
Copyright 1991 by Herald Press, Waterloo, Ont. N2L 6H7
Published simultaneously in the United States by Herald Press, Scottdale, Pa. 15683. All rights reserved.
Library of Congress Catalog Number: 91-070935
International Standard Book Number: 0-8361-3556-3
Printed in the United States of America.
Book and cover design by Merrill R. Miller.
1 2 3 4 5 6 7 8 9 10 97 96 95 94 93 92 91
Page 5
Dedicated to my father
Don Sutherland,
and to the memory of my mother,
Reita,
and to my parents-in-law,
Jake and Marjorie Martin
Picture 5
My son, keep your father's commands
and do not forsake your mother's teaching.
For these commands are a lamp,
this teaching is a light.
Proverbs 6:20, 23
Page 7
CONTENTS
Foreword
by Wally Kroeker
9
Introduction
12
Bankruptcy: The Economic and Human Cost
19
1. Bankruptcy: The Grim Scenario
21
2. The Emotional and Spiritual Impact of Bankruptcy
27
Bankruptcy: Where It Came from and How It Works
40
3. The Major Causes of Bankruptcy
42
4. The Bankruptcy Process and Its Alternatives
53
Bankruptcy, Business Ethics, and the Bible
65
5. Ethics: How? Why? Whose?
67
6. Out of the Ivory Tower and into the Marketplace
92
7. What the Bible Teaches about Debt
118
8. The Ethics of Bankruptcy: A Biblical Perspective
131
Notes
147
Bibliography
155
Subject Index
163
Scripture Index
171
The Author
175

Page 9
FOREWORD
A man in a church I once attended lost his home, vehicle, and savings through forced bankruptcy. When he asked the pastor for support, he was urged to step down from two church boards. It seems his business dilemma made him unfit for leadership.
Another victim told me of being ostracized after he lost his business. One fellow Christian would leave church by a side door to avoid having to talk to him.
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