Bankruptcy

Personal bankruptcies soared 30 percent to a record high last year as financially strained people rushed to file before new restrictions took effect Oct. 17. Bankruptcy petitions filed in federal courts totaled 2,039,214 in 2005, up from 1,563,145 in 2004... A new law, which brought the most comprehensive revision of the U.S. Bankruptcy Code in a quarter-century, made it more difficult to erase credit card and other debts in bankruptcy.

I believe the one of our church's responsibilities is to educate people on how to manage their finances. That's why we offer Financial Peace University and Crown Financial Ministries small groups. In leading many studies of each group, I've seen wonderful life change! This makes life worth living!