You find you cannot pay a bill in full, so you may write a creditor a “good faith” letter saying you can pay such and such amount until your circumstances improve. Creditors may accept this, if you are consistent and honor your word. It also looks good to the Judge if you do get taken to Court.
There are some unwritten rules in business and in life.
- Keeping your word
- Showing up
- Following through
- Saying your meaning and meaning what you say
Character still counts. When I decided to post this blog, I remembered this passage that teaches us about character:
1 Corinthians 13:4-8a (NIV)
4 Love is patient, love is kind. It does not envy, it does not boast, it is not proud. 5 It does not dishonor others, it is not self-seeking, it is not easily angered, it keeps no record of wrongs. 6 Love does not delight in evil but rejoices with the truth. 7 It always protects, always trusts, always hopes, always perseveres.
8 Love never fails.