Render unto Caesar…however, in bankruptcy Caesar does allow for charitable contributions to a religious organization.
“Tithe” is an Anglo-Saxon word for tenth; however, Chapter 7 and 13 bankruptcy rules allow for up to 15% of the debtor’s gross yearly income to your place of worship. Furthermore, a tithe listed in bankruptcy does not have to be based on the pre-bankruptcy amount the debtor was giving, but should be based on what the debtor plans to give in the future. The bankruptcy will alleviate some of that overwhelming financial pressure, allowing you to give a more generous helping to the offering plate.
Thus bankruptcy code shrinks Caesar’s ghost in the light of stained glass windows and allows us to be financially faithful beyond the salad days of our Recession.
Comments