11 Bible Verses about Cancellation Of Dept

For the compensation due sin [is] death, but the gift of God [is] eternal life in Christ Jesus our Lord.

[The] Spirit of the Lord Yahweh [is] upon me, because Yahweh has anointed me, he has sent me to bring good news [to the] oppressed, to bind up {the brokenhearted}, to {proclaim} release to [the] captives and liberation to those who are bound, to {proclaim} [the] year of Yahweh's favor, and our God's day of vengeance, to comfort all those in mourning, to {give} for those in mourning in Zion, to give them a head wrap instead of ashes, [the] oil of joy instead of mourning, a garment of praise instead of a faint spirit. And {they will be called} oaks of righteousness, the planting of Yahweh, to show his glory.

" 'And you shall count for yourself seven Sabbaths of years, seven times seven years, and they shall be for you {time periods of} years: {forty-nine} years. And you shall cause {a loud horn blast} to be heard on the seventh month on the tenth of the month; on the Day of Atonement you shall cause a ram's horn to be heard in all your land. And you shall consecrate the fiftieth year, and you shall proclaim a release in the land for all its inhabitants. It [is] a Jubilee; it shall be for you, and you shall return. You must return--everyone to his property and everyone to his clan.read more.
{You shall have the fiftieth year as a Jubilee}; you must not reap its aftergrowth, and you must not harvest its unpruned vines. Because it is a Jubilee, it shall be holy to you. You must eat its produce from the field. " 'In this Year of Jubilee {each of you shall return} to his property. And when you sell something to your fellow citizen or [you] buy from your neighbor's hand, you must not oppress {one another}. You must buy from your fellow citizen according to [the] number of years after the Jubilee; he must sell to you according to [the] number of years of yield. You must increase its price {according to a greater number of years}, but you must decrease its price {according to a lesser number of years}, because he is selling [its] yields to you. And you must not oppress {one another}, but you shall revere your God, because I [am] Yahweh, your God. " 'And you shall do my statutes, and you must keep my regulations, and you shall do them, so that you shall live {securely} on the land. And the land shall give its fruit, and you shall eat {your fill}, and you shall live {securely} on it. And if you should say, "What shall we eat in the seventh year, {if} we do not sow and we do not gather its yield?" then I will command my blessing for you in the sixth year, so that it will make the yield for three years. And you will sow [in] the eighth year, and you shall eat from the old yield; until the ninth year, until the coming of its yield, you shall eat [the] old [yield]. " 'But the land must not be sold in perpetuity, because the land [is] mine, because you [are] aliens and temporary residents with me. And in all your property's land you must provide redemption for the land. " 'When your brother becomes poor and he sells part of his property, then {his nearest redeemer} shall come, and he shall redeem the thing sold by his brother. But if a man {does not have} a redeemer, then {he prospers} and he finds enough for his redemption, then he shall calculate the years of its selling, and he shall refund the balance to the man to whom he sold [it], and he shall return to his property. But if his hand does not find enough to refund to him, then {what he has sold} shall be in the buyer's hand until the Year of Jubilee; and it shall go out [of the buyer's hand] in the Jubilee, and he shall return to his property. " 'And if a man sells {a residential house in a walled city}, then it shall be his redemption until completing {a year after his selling}; its redemption {shall last} {a year}. But if it is not redeemed {before a full year has passed}, then the house that [is] {in the walled city} shall belong to the buyer in perpetuity throughout his generations; it shall not go out [of the buyer's hand] in the Jubilee. However, village houses that have no surrounding wall shall be considered {open country}; [there] is redemption for it, and in the Jubilee it shall go out [of the buyer's hand]. " 'As for the cities of the Levites, [that is], the houses in their property's cities, it shall be {a lasting redemption} for the Levites. And whatever [anyone] redeems from the Levites then must go out [of the buyer's hand] in the Jubilee, [including] a house's selling {in his city's property}, because the houses in the cities of the Levites [are] their property in the midst of the {Israelites}. But a field of their cities' pastureland must not be sold, because {it is their property for all time}. " 'And if your countryman becomes poor and {if he becomes dependent on you}, then you shall support him [like] an alien and [like] a temporary resident, and he shall live with you. You must not take interest or usury from him, but you shall revere your God, and your countryman shall live with you. You must not give your money to him with interest or give your food for profit. I [am] Yahweh your God, who brought you out from the land of Egypt to give {you} the land of Canaan, to be as God for you. " 'And if your countryman [who is] with you becomes poor, and he is sold to you, {you shall not treat him as a slave}. He shall be with you like a hired worker, like a temporary resident; he shall work with you until the Year of Jubilee. And he and his sons with him shall go out from you, and he shall return to his clan, and to the property of his ancestors he shall return. Because they [are] my servants whom I brought out from the land of Egypt, they shall not be sold {as a slave}. You shall not rule over him with ruthlessness, but you shall revere your God. " 'As for your slave and your slave woman who are yours, from the nations that [are] all around you, from them you may buy a slave or a slave woman. And you may buy also from the children of the temporary residents who are dwelling with you as aliens and from their clan who are with you, who have children in your land; indeed, they may be as property for you. And you may pass them on as an inheritance to your sons after you to take possession of as property {for all time}--you may let them work. But [as for] your countrymen, the {Israelites}, you shall not rule with ruthlessness over {one another}. " 'And if [the] alien or [the] temporary resident [who are] with you {prosper}, but your countryman [who is] with him becomes poor and he is sold to an alien, a temporary resident [who is] with you, or to a descendant of an alien's clan, after he is sold redemption shall be for him; one of his brothers may redeem him, or his uncle or his uncle's son may redeem him, or {one of} {his close relatives} from his clan may redeem him; or [if] {he prospers}, he may redeem himself. And he shall calculate with his buyer from the year of {his selling himself} until the Jubilee; and the value of his selling shall be according to the number of years--it shall be with him like a hired worker's days. If [there are] still many years, {in keeping with them} he shall restore his redemption {in proportion to his purchase price}. And if [there are] a few years left until the Year of Jubilee, then he shall calculate for himself; he shall restore his redemption {according to the number of his years}. He shall be with him {as a yearly hired worker}; he shall not rule over him with ruthlessness {in your sight}. And if he is not redeemed by [any of] these [ways], then he and his sons with him shall go out in the Year of Jubilee. Indeed, the {Israelites} [are] servants for me; they [are] my servants whom I brought out from the land of Egypt. I [am] Yahweh your God.'"

"At the end of seven years you shall grant remission of debt. And this [is] the manner of the remission of debt: every {creditor} shall remit his claim that he holds against his neighbor, and he shall not exact payment [from] his brother because there remission of debt has been proclaimed unto Yahweh. [With respect to] the foreigner you may exact payment, but {you must remit} what shall be [owed] to you [with respect to] your brother.

{Take care} so that there will not be {a thought of wickedness} in your heart, {saying}, 'The seventh year, the year of the remission of debt is near,' {and you view your needy neighbor with hostility}, and [so] you [do] not give to him, and he might cry [out] against you to Yahweh, and {you would incur guilt against yourself}.

If your relative who is a Hebrew man or a Hebrew woman is sold to you, and [he or she] has served you six years, then in the seventh year you shall send that person [out] {free}. And when you send him [out] free from you, you shall not send him [away] empty-handed. You shall generously supply him from [among] your flocks and from your threshing floor and from your press; [according to] that [with which] Yahweh your God has blessed you, you shall give to him.read more.
And remember that you were a slave in the land of Egypt, and Yahweh your God redeemed you; therefore I [am] commanding you thus {today}.

Then Moses commanded them, {saying}, "At the end of seven years, in the time of the year for canceling debts during the Feast of Booths, {when all Israel comes to appear before} Yahweh their God at the place that he will choose, you shall read this law before all Israel {in their hearing}.

'If you buy a Hebrew slave, he will serve six years, and in the seventh he will go out as free for nothing.

"At [the] end of seven years you must let go each one his fellow countryman, the Hebrew who has been sold to you and who has served you six years, and you must let him go free from you." But your ancestors did not listen to me, and they did not incline their ears.

And the peoples of the land who bring merchandise and any grain on the Sabbath day to sell, we will not accept it from them on the Sabbath or on a holy day. We will forego [the crops of] the seventh year and [cancel] every debt.

And if he give a gift from his inheritance to one from [among] his servants, then it will belong to him until the year of release, and [then] it will return to the prince. His inheritance [with respect to] his sons will be only for them.