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Forgive us our debts

Money | Is filing for bankruptcy ever an acceptable option for Christians?
by David Skeel
Posted 5/29/15, 01:00 am

An evangelical pastor recently emailed me with a simple question. A member of his church is overwhelmed by the burden of credit card debt he accumulated during a long period of unemployment. Is it ever acceptable for a Christian to file for bankruptcy?

I don’t know the congregant or enough about his finances to offer an opinion on his situation, but I do believe bankruptcy is sometimes appropriate.

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Associated Press/Photo by Jin Lee, File

Dollars and Sense: Record highs on mixed news--the Fed speaks again

Money
by Warren Cole Smith
Posted 5/25/15, 08:36 am

Record highs. Last Monday, the Dow and the S&P 500 hit new records, and then again several times later in the week these indexes bounced around and hit either new intraday or closing highs. And, by the way, on Feb. 1, 2009, just a little more than six years ago, the Dow was just above 7,000. Today it is at 18,000. This is one of the most significant bull market runs in stock market history.

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Associated Press/Photo by Richard Drew

Dollars and Sense: Markets remain jittery on mixed economic news

Money
by Warren Cole Smith
Posted 5/18/15, 10:56 am

Markets jittery. We saw a lot of volatility in the markets last week. On May 8, the markets had their best day in several months. Then they dropped Monday, Tuesday, and Wednesday of last week. If you look at the end-of-day closes, you might think the markets just drifted, but there were a lot of intra-day ups and downs. Then they roared back on Thursday, with the S&P setting a new record, and the Dow getting close to records. Both indexes rose again, though only slightly, on Friday.

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