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I agree with the less harsh answer... Things happen and I think if you are a person who can't forgive people for their bad luck then you should take a look at your own.

I think that is a pretty arrogant response. For example, someone has a good job and is a responsible person. Purchases something on credit that might take them a couple years to pay off. In the meantime, they lose their job. Are they now a thief? I don't think so. Just a thought.

AnswerBy paying it off. Debt is debt - it is something that a person owes ... it should never be forgiven as whomever incurred the debt had use of something that they never paid for or intended to pay for - that is theft, and illegal.
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Q: How can you receive forgiveness of debt?
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Distinguish between debt forgiveness and debt retirement?

Debt retirement refers to the paying off of a debt in order to avoid future interest payments, this can only be done if the current funds available are able to clear the outstanding balance of the debt. Debt forgiveness on the other hand can be considered to be an amnesty by lending institution for countries who are heavily indebted, this is usually done to help alleviate the debt burden faced by such countries. Therefore the difference between debt retirement and debt forgiveness is that one is paid off by the country who is able to pay off the debt and the other is an amnesty given to remove the debt for countries who cannot afford to pay it off.


What companies offer forgiveness in regards to credit card debt?

No companies were found that give forgiveness. The only things seen were places the help to consolidate debt. Some companies will lower interest rates to make payments easier, but forgiveness does not appear to be possible through any specific company or service.


What does credit debt reduction mean?

Credit debt reduction refers to the process of trying to reduce someone's debt through various means, such as renegotiating debt repayments, debt forgiveness, reduced interest rates, or eliminating late fees.


Where can one receive help for bad debt?

There are many places where one could receive help for bad debt. The best places to receive help for one's bad debt would be the government who can help one go through bankruptcy.


Where can one go for debt counseling?

In order to receive debt counseling, one can go to the Debt Settlement website. The website has tools that allow people to manage their debt more effectively.

Related questions

What does it mean when when you have a dream about Jesus giving you money?

The image of Jesus Christ represents unearned, undeserved grace and forgiveness. So this dream could express the dreamer's desire to receive unearned money, or perhaps forgiveness of some financial debt.


Distinguish between debt forgiveness and debt retirement?

Debt retirement refers to the paying off of a debt in order to avoid future interest payments, this can only be done if the current funds available are able to clear the outstanding balance of the debt. Debt forgiveness on the other hand can be considered to be an amnesty by lending institution for countries who are heavily indebted, this is usually done to help alleviate the debt burden faced by such countries. Therefore the difference between debt retirement and debt forgiveness is that one is paid off by the country who is able to pay off the debt and the other is an amnesty given to remove the debt for countries who cannot afford to pay it off.


How do jesuits receive forgiveness?

Jesuits may receive the sacrament of reconciliation from a priest.


What companies offer forgiveness in regards to credit card debt?

No companies were found that give forgiveness. The only things seen were places the help to consolidate debt. Some companies will lower interest rates to make payments easier, but forgiveness does not appear to be possible through any specific company or service.


What are ways to receive forgiveness for sin other than the sacrament of reconciliation?

The only way to receive forgiveness of sin it to confess it to God and to repent from it. Read psalm 51 in the King James Version.


What does credit debt reduction mean?

Credit debt reduction refers to the process of trying to reduce someone's debt through various means, such as renegotiating debt repayments, debt forgiveness, reduced interest rates, or eliminating late fees.


Where can one receive help for bad debt?

There are many places where one could receive help for bad debt. The best places to receive help for one's bad debt would be the government who can help one go through bankruptcy.


Why do catholics receive the sacraments?

As a sign of forgiveness for their sins. Other religions besides Catholicism also receive the blessed sacrament of Holy Communion.


Where do I apply for tax debt forgiveness?

you can check on this www.irs.gov/individuals/article/0,,id=179414,00.html


Benefits of the Student Loan Forgiveness Act?

If you accumulated student loan debt while you were in college, it is important to research the stipulations of the Student Loan Forgiveness Act. This piece of legislation was designed to reduce the load of debt repayment in some situations. The Student Loan Forgiveness Act provides for Income-Based Repayment. This benefit can help if you are a low-income household. The Act also provides for debt to be forgiven in some situations after a certain time period has passed.


Am I eligible for tax debt forgiveness?

It is possible but one can't know for sure without taking a look at your debt. You would have to consult with the IRS to find out your eligibility status.


What is the statute of limitation on credit card debt forgiveness in AZ?

That would be classified as a written agreement in Arizona. They have set the limit at six years from the last acknowledgement of the debt.