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300-word thread in response to the presented case study. At least 2 sources in current APA format must be used, and can include the Bible. Then, compose a post in current APA format which addresses those questions and incorporates your research. Include a works cited list at the end of your composition (this list is not included in word count requirements).
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Case Study: Your long-time friend Carl comes to you with a serious problem in his life. He is a believer, and he wants your advice. For years he and his family have lived above their means. They did this by continually refinancing their house and rolling their credit card and other debt onto their home mortgage. However, now that real estate prices are no longer rising but actually falling, Carl can’t refinance anymore and can’t pay his monthly bills as they come due. He is in a real credit crisis. His creditors are calling him with threatening lawsuits, garnishments, and other unpleasant things. One of his friends at work said that he should file bankruptcy. He comes to you for advice from a Christian perspective. In particular, he wants to know:
1. Does the Bible forbid him to file bankruptcy?
2. Does the Bible forbid borrowing altogether? If not, when is it permissible to borrow money?
Use the words “ Forbids” or “Does not Forbid” in the subject line of your thread, depending upon your conclusion
