Deuteronomy 15:1-6 - Debts Canceled

¹ “At the end of every seven years you shall grant a release (remission, pardon) from debt. ² This is the regulation for the release: every creditor shall forgive what he has loaned to his neighbor; he shall not require repayment from his neighbor and his brother, because the Lord’s release has been proclaimed. ³ You may require repayment from a foreigner, but whatever of yours is with your brother [Israelite] your hand shall release.

⁴ However, there will be no poor among you, since the Lord will most certainly bless you in the land which the Lord your God is giving you as an inheritance to possess, ⁵ if only you will listen to and obey the voice of the Lord your God, to observe carefully all these commandments which I am commanding you today. ⁶ When the Lord your God blesses you as He has promised you, then 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.