11 Bible Verses about Cancellation Of Dept

Most Relevant Verses

Isaiah 61:1-3

The Spirit of the Lord Jehovah is upon me, because Jehovah hath anointed me to announce glad tidings unto the meek; he hath sent me to bind up the broken-hearted, to proclaim liberty to the captives, and opening of the prison to them that are bound; to proclaim the acceptable year of Jehovah, and the day of vengeance of our God; to comfort all that mourn; to appoint unto them that mourn in Zion, that beauty should be given unto them instead of ashes, the oil of joy instead of mourning, the garment of praise instead of the spirit of heaviness: that they might be called terebinths of righteousness, the planting of Jehovah, that he may be glorified.

Leviticus 25:8-55

And thou shalt count seven sabbaths of years, seven times seven years; so that the days of the seven sabbaths of years be unto thee forty-nine years. Then shalt thou cause the loud sound of the trumpet to go forth in the seventh month, on the tenth of the month; on the day of atonement shall ye cause the trumpet to go forth throughout your land. And ye shall hallow the year of the fiftieth year, and proclaim liberty in the land unto all the inhabitants thereof; a year of jubilee shall it be unto you, and ye shall return every man unto his possession, and ye shall return every man unto his family;read more.
a year of jubilee shall that fiftieth year be unto you: ye shall not sow, neither reap its aftergrowth, nor gather the fruit of its undressed vines. For it is the jubilee; it shall be holy unto you; out of the field shall ye eat its produce. In this year of the jubilee ye shall return every man unto his possession. And if ye sell ought unto your neighbour, or buy of your neighbour's hand, ye shall not overreach one another. According to the number of years since the jubilee, thou shalt buy of thy neighbour; according to the number of years of the produce, he shall sell unto thee. According to the greater number of the years, thou shalt increase the price thereof; and according to the fewness of years, thou shalt diminish the price of it; for it is the number of crops that he selleth unto thee. And ye shall not oppress one another; but thou shalt fear thy God; for I am Jehovah your God. And ye shall do my statutes, and observe mine ordinances and do them: thus shall ye dwell in your land securely. And the land shall yield its fruit, and ye shall eat and be satisfied, and dwell therein securely. And if ye say, What shall we eat in the seventh year? behold, we may not sow, nor gather in our produce; then I will command my blessing upon you in the sixth year, that it may bring forth produce for three years; and ye shall sow in the eighth year, and ye shall eat of the old fruit until the ninth year; until her produce come in, ye shall eat the old. And the land shall not be sold for ever; for the land is mine; for ye are strangers and sojourners with me. And in all the land of your possession ye shall grant a redemption for the land. If thy brother grow poor, and sell of his possession, then shall his redeemer, his nearest relation, come and redeem that which his brother sold. And if the man have no one having right of redemption, and his hand have acquired and found what sufficeth for its redemption, then shall he reckon the years since the sale thereof, and restore the overplus unto the man to whom he sold it; and so return unto his possession. And if his hand have not found what sufficeth for him to restore it to him, then that which is sold shall remain in the hand of the purchaser, until the year of jubilee; and in the jubilee it shall go out, and he shall return unto his possession. And if any one sell a dwelling-house in a walled city, then he shall have the right of redemption up to the end of the year of the sale thereof; for a full year shall he have the right of redemption. But if it be not redeemed until a whole year is complete, then the house that is in the walled city shall be established for ever to him that bought it, throughout his generations: it shall not go out in the jubilee. But the houses in villages that have no wall round about them shall be reckoned as the fields of the country: they may be redeemed, and they shall go out in the jubilee. But as to the cities of the Levites, the houses in the cities of their possession, the Levites shall have a perpetual right of redemption. And if any one redeem from one of the Levites, then the house that was sold, in the city of his possession, shall go out in the jubilee; for the houses of the cities of the Levites are their possession among the children of Israel. And the field of the suburbs of their cities shall not be sold; for it is their perpetual possession. And if thy brother grow poor, and he be fallen into decay beside thee, then thou shalt relieve him, be he stranger or sojourner, that he may live beside thee. Thou shalt take no usury nor increase of him; and thou shalt fear thy God; that thy brother may live beside thee. Thy money shalt thou not give him upon usury, nor lend him thy victuals for increase. I am Jehovah your God, who brought you forth out of the land of Egypt, to give you the land of Canaan, to be your God. And if thy brother grow poor beside thee, and be sold unto thee, thou shalt not compel him to serve as a bondservant: as a hired servant, as a sojourner, shall he be with thee; until the year of jubilee shall he serve thee. Then shall he depart from thee, he and his children with him, and shall return unto his own family, and unto the possession of his fathers shall he return. For they are my bondmen, whom I brought forth out of the land of Egypt: they shall not be sold as men sell bondmen. Thou shalt not rule over him with rigour; and thou shalt fear thy God. And as for thy bondman and thy handmaid whom thou shalt have of the nations that are round about you, of them shall ye buy bondmen and handmaids. Moreover of the children of them that dwell as sojourners with you, of them may ye buy, and of their family that is with you, which they beget in your land, and they shall be your possession. And ye shall leave them as an inheritance to your children after you, to inherit them as a possession: these may ye make your bondmen for ever; but as for your brethren, the children of Israel, ye shall not rule over one another with rigour. And if a stranger or sojourner become wealthy beside thee, and thy brother beside him grow poor, and sell himself unto the stranger, who is settled by thee, or to a scion of the stranger's family, after that he is sold there shall be right of redemption for him; one of his brethren may redeem him. Either his uncle or his uncle's son may redeem him, or one of his next relations of his family may redeem him; or if his means be sufficient, he may redeem himself. And he shall reckon with him that bought him from the year that he was sold to him unto the year of jubilee; and the price of his sale shall be according to the number of the years, according to the days of a hired servant shall he be with him. If there are yet many years, according unto them shall he return his redemption money out of the money that he was bought for; and if there remain but few years unto the year of jubilee, then he shall reckon with him; according unto his remaining years of service shall he give him back his redemption money. As a hired servant shall he be with him year by year; his master shall not rule with rigour over him before thine eyes. And if he be not redeemed in this manner, then he shall go out in the year of jubilee, he and his children with him. For the children of Israel are servants unto me; they are my servants whom I brought forth out of the land of Egypt: I am Jehovah your God.

Deuteronomy 15:1-3

At the end of seven years thou shalt make a release, and this is the manner of the release: Every creditor shall relax his hand from the loan which he hath lent unto his neighbour; he shall not demand it of his neighbour, or of his brother; for a release to Jehovah hath been proclaimed. Of the foreigner thou mayest demand it; but what is thine with thy brother thy hand shall release;

Deuteronomy 15:9

Beware that there be not a wicked thought in thy heart, saying, The seventh year, the year of release, is at hand; and thine eye be evil against thy poor brother, and thou givest him nought; and he cry against thee to Jehovah, and it be sin in thee.

Deuteronomy 15:12-15

If thy brother, a Hebrew man, or a Hebrew woman, have been sold unto thee, he shall serve thee six years, and in the seventh year thou shalt let him go free from thee. And when thou sendest him out free from thee, thou shalt not let him go away empty; thou shalt certainly furnish him from thy sheep, and out of thy floor, and out of thy winepress: of what Jehovah thy God hath blessed thee with shalt thou give unto him.read more.
And thou shalt remember that thou wast a bondman in the land of Egypt, and that Jehovah thy God redeemed thee; therefore I command thee this thing to-day.

Deuteronomy 31:10-11

And Moses commanded them, saying, At the end of every seven years, at the set time of the year of release, at the feast of tabernacles, when all Israel cometh to appear before Jehovah thy God in the place which he will choose, thou shalt read this law before all Israel in their ears.

Jeremiah 34:14

At the end of seven years ye shall let go every man his brother, a Hebrew, who hath sold himself unto thee; when he hath served thee six years, thou shalt let him go free from thee. But your fathers hearkened not unto me, neither inclined their ear.

Nehemiah 10:31

and that if the peoples of the land brought wares or any grain on the sabbath day to sell, we would not take it of them on the sabbath, or on any holy day; and that we would leave the land uncultivated the seventh year, and the exaction of every debt.

Ezekiel 46:17

But if he give a gift of his inheritance to one of his servants, it shall be his until the year of liberty; and it shall return to the prince: to his sons alone shall his inheritance remain.

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