Umar bin Abd al-Rahman bin Dilaf narrates from his father that a man of the Juhaynah tribe used to buy riding camels at high prices and then travel swiftly, so that he would get ahead of the pilgrims. Then he became bankrupt, and his case was brought before Sayyiduna Umar (may Allah be pleased with him). He said: To proceed! O people! Al-Usayfi', the Usayfi' of Juhaynah, was content, as regards his religion and his trustworthiness, that it be said of him: He got ahead of the pilgrims. But he took on debt heedlessly, and so he has become overwhelmed by debt. Whoever has a debt owed by him, let him come to us tomorrow morning, and we will divide his property among his creditors. And beware of debt, for its beginning is worry and its end is strife.
Hadith Referenceالسنن الكبرى للبيهقي / كتاب التفليس / 11265