Dharma of a Debtor and a Creditor
uncertain economic arena. Previously stable
individuals suddenly are unable to fulfill their
obligations or repay their debts. If you should ever
find yourself in this situation, after the shock of
feeling helpless, ask yourself, "What is my Dharma?"
The Dharma of a debtor in this case is to do the best
he can to show goodwill and intent to repay the debt.
He must make necessary sacrifices and adjust his
lifestyle accordingly, without paying out so much that
he destroys any possibility of recovery. He must not
deprive himself or his family of essential needs.
(Dharma: the act in accordance to one's duty)
On the other hand, a creditor's Dharma is to allow the
debtor to restructure the debt so that he may continue
with his basic living and have a chance to recover
financially. He will therefore have the means to repay
the original debt. I am not telling you something you
don't already know.
- Chin-Ning Chu
"Thick Face Black Heart- The Asian Path to Thriving,
Winning and Succeeding"
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