Dr. King said that,
“True compassion is more than flinging a coin to a beggar; it comes to see that an edifice which produces beggars needs restructuring. ”
The question is how does such “restructuring” happen?
Following up on my earlier post regarding debt as a problem of financial self-defense, particularly in the case of apartment renters who are forced to live in a lemon or face Breach of Lease, Biblical Law may have something to say about the long term consequences of artificially pushing people into debt (talking about otherwise frugal folks who do not spend profligately).
I respectfully submit that we have had one possible tool in our hands for several thousand years, and it may need to be examined in the context of our present debt crisis -the release of debts, both short term and long term, at different times. Below is a handout from one of several talks I gave on the relationship between debt and community building, this one from the book of Deuteronomy: DCBM20August_Reeh_Class.
AfterNote: while debts do “expire” at different times in each state and DC according to the type of debt, only two states actually “extinguish” expired debts, and only Maryland prohibits lawsuits being brought against debtors for already expired debts! Lawmakers in every country need to act to prevent this sort of financial and emotional bullying (in the case of landlords, offering apartments which do not suit, and then reneging on promises to fix issues, while in other cases, offering credit knowing that those who accept are at a relative disadvantage).
In the USA, each state regulates how long one can be sued for a debt, but even then, if the debtor does not know to defend, or is unable for some reason to go to court even if h/she knows, oftentimes creditors sue illegally and win. Now this cannot happen in MD, but of course debtors are still free to harrass up to and beyond the Statute of Limitation (‘expiration’) of the debt.
May we look to our collective good, as one Human Race, and to the potential of each and every Human Being.