Deuteronomy 15:1-6 - Debts Canceled

1 At the end of every seven years you shall grant a remission of debts. 2 This is the manner of remission: every creditor shall release what he has loaned to his neighbor; he shall not exact it of his neighbor and his brother, because the Lord’s remission has been proclaimed. 3 From a foreigner you may exact it, but your hand shall release whatever of yours is with your brother.

4 However, there will be no poor among you, since the Lord will surely bless you in the land which the Lord your God is giving you as an inheritance to possess, 5 if only you listen obediently to the voice of the Lord your God, to observe carefully all this commandment which I am commanding you today. 6 For the Lord your God will bless you as He has promised you, and you will lend to many nations, but you will not borrow; and you will rule over many nations, but they will not rule over you.