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To: VRWC_minion
The concept of debt relief in bankruptcy is a relgious one directly take from God's teachings to Moses. Those who put faith in God and receive his benefits are likewise obligated to treat others the way God treats them, therefore the concept of foregiveness of debts.

The Bankruptcy Code is derived directly from the writings of Moses? Who knew! I'll be sure to check up in Exodus or Leviticus the next time I'm trying to determine if overcollateralization exists to permit payment of post-petition interest, or trying to figure out if an adversary proceeding under Chapter 13 is a core matter over which the Court has jurisdiction.

Or did you mean to say that our moral ideas such as forgiveness come from divine inspiration, in which case that is self-evident and there's hardly a need to set up a giant stone monument to the specifics?

177 posted on 08/20/2003 2:13:36 PM PDT by SedVictaCatoni (The only difference between Judge Moore and Mullah Omar is one of specifics.)
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To: SedVictaCatoni
The entire concept of cram down provisions can be found in Leviticus.
196 posted on 08/20/2003 2:17:53 PM PDT by Chancellor Palpatine ("what if the hokey pokey is really what its all about?" - Jean Paul Sartre)
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To: SedVictaCatoni
The Bankruptcy Code is derived directly from the writings of Moses? Who knew

Consider yourself no longer ignorant

Deuteronomy 15


The Year for Canceling Debts

1 At the end of every seven years you must cancel debts. 2 This is how it is to be done: Every creditor shall cancel the loan he has made to his fellow Israelite. He shall not require payment from his fellow Israelite or brother, because the LORD's time for canceling debts has been proclaimed. 3 You may require payment from a foreigner, but you must cancel any debt your brother owes you. 4 However, there should be no poor among you, for in the land the LORD your God is giving you to possess as your inheritance, he will richly bless you, 5 if only you fully obey the LORD your God and are careful to follow all these commands I am giving you today. 6 For the LORD your God will bless you as he has promised, and you will lend to many nations but will borrow from none. You will rule over many nations but none will rule over you.

233 posted on 08/20/2003 2:28:44 PM PDT by VRWC_minion (Opinions posted on Free Republic are those of the individual posters and most are right)
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