• Thank you to Carol and Steve Bowman, the forum owners, for our new upgrade!

Past Life Debt?

A

andrewx

Senior Registered
I have a serious question: If your past-life self died owing money to a business still operating, such a bank still in business, would you feel obligated to pay the debt? I have mixed-feelings about this, but I ask the question seriously.

Incidentally, I am not taking compounded interest into consideration. I am too tired to actually calculate this right now, but I do know that even $1,000 at 4% interest would be a huge amount of money after 100 years. (I do not know what interest rates on bank loans were 100 years ago.) I am simply asking whether you would voluntarily pay back a loan made in a past-life based on the value of the loan the day your past-life self died.

One more question: If you did want to pay a bank back, what you would tell the bank's loan officer?

Respectfully,

Andrewx

PS: Any bankers/accountants here? What do YOU think?
 
I just used my calculator. Assuming I did not miscount both times, I have learned that $1,000 at 4% interest would be nearly $75,000 after 100 years! I am not suggesting that someone pay $75,000 for a past-life debt of $1,000. I am asking, though, about paying the $1,000 back.


Respectfully,


Andrewx
 
I'd be hard pressed to pay, unless it was something that hurt another individual and I felt morally obliged to do so. I think the reason we do not usually remember past lives is so we can keep such things separate. It would be like persecuting someone for being a murdered in a past life.


It would be up to your personal feelings, as legally, there is no way.


However, that may not stand karmically. Your life plan may be to pay, perhaps, but its probably unlikely.
 
Taking your question seriously, as you have asked to be taken seriously, and not knowing all the details of the 'debt' and how it came about, I would say it was up to you.


If it involved doing somebody a bad turn and if by doing this you left someone in a bad situation, say they starved for instance, or in some other way were put into hardship, then I would suggest it would be wise to make amends in some way.


Money, like everything else in 'life' is largely an illusion. But, good deeds and bad deeds have their echoes from one life to the next. 'Bad karma' and all that... So, sure, pay it back if you have the means to do so I would say if there was a way to do so without creating more harm. What goes around comes around.
 
Thank you to all who replied to this question. ZeonChar, I guess I am asking about past-life debt in philosophical way; your asking whether someone may have paid the debt off is a very good practical question.


Incidentally, I have no idea how long banks and other financial businesses keep records of uncollected debt. It may not be forever. Again, I am asking about past-life debt, philosophically.


Respectfully,


Andrewx
 
money debt is not necessarily a karmic debt, BUT...


...after all it is not your fault that you "have met your maker", before presumably you organized your finances. Also some debts (like your mortgage) might count towards your estate, regardless whether you are alive or not...(I am not CPA) - Karma is often stems from intentions...not just acts...


I do not think you will have to pay the money, however you will have to pay somehow, in some way. These karmic causes are not direct but whatever you have gained you will somehow account for. Thus maintain the Cosmic balance of things.

andrewx said:
I have a serious question: If your past-life self died owing money to a business still operating, such a bank still in business, would you feel obligated to pay the debt? I have mixed-feelings about this, but I ask the question seriously.
Incidentally, I am not taking compounded interest into consideration. I am too tired to actually calculate this right now, but I do know that even $1,000 at 4% interest would be a huge amount of money after 100 years. (I do not know what interest rates on bank loans were 100 years ago.) I am simply asking whether you would voluntarily pay back a loan made in a past-life based on the value of the loan the day your past-life self died.


One more question: If you did want to pay a bank back, what you would tell the bank's loan officer?


Respectfully,


Andrewx


PS: Any bankers/accountants here? What do YOU think?
Click to expand...
 
Hmm. Well, some people go through bankruptcy to wipe out debts in this life. Yet, even after this, they are still allowed to go back and reaffirm a particular debt, though they don't have to. Some feel a moral obligation as to certain debts, but that is when you're still a continuing physical person in this world.


When you die, that physical person ceases to exist, and the debt is taken into account in terms of distributing the estate of the decedent. This is part of the way the world works. Most businesses also have ways to write-off bad debts for tax purposes and so forth (I am also not a CPA). Overall, and philosophically, I'd say that a tangible, this world, debt (money) is part of a tangible this world life that ended and tangible "karma" was worked out by the legal system (part of the worldly system of "karma" just like the prison system is part of the worldly system of "karma"). So, from any kind of legal, worldly sense, the person who owed that debt is gone and the system has already dealt with the issue.


That is the "dollars and cents" of the issue, so as Tanguerra has urged, I would no longer think about this in terms of exact amounts, interest, etc.--which is the overly legalistic way to think of it anyway. I agree with her analysis overall, which is based on whether someone was harmed and you can make it up to that person. However, I would also add in the thought that we don't ultimately get away with anything from a "schooling" standpoint. So, if you're acting irresponsibly in terms of debt in this life, I'd watch out for a double whammy. If you're acting responsibly--and it seems like you have a real conscience about this kind of thing if you're worried about some money you owed in a prior life--I think the powers that be wouldn't be that interested in giving you another "lesson" in proper management of finances.


Cordially,


S&S
 
You must log in or register to reply here.
Back
Top