11 Bible Verses about Cancellation Of Dept

For the wages of sin is death, but the grace of God is eternal life in Christ Jesus our Lord.

The Spirit of the Lord GOD is upon me because the LORD has anointed me; he has sent me to preach good tidings unto those who are cast down; to bind up the wounds of the broken-hearted, to proclaim liberty to the captives, and the opening of the prison to those that are bound; to proclaim the year of the LORD's favour, and the day of vengeance of our God; to comfort all that mourn; to order in Zion those that mourn, to give unto them beauty for ashes, the oil of joy for mourning, the garment of praise for the spirit of heaviness; that they might be called trees of righteousness, the planting of the LORD, that he might be glorified.

And thou shalt number seven sabbaths of years unto thee, seven times seven years; and the space of the seven sabbaths of years shall be unto thee forty-nine years. Then shalt thou cause the shofar to sound an alarm on the tenth day of the seventh month; in the day of the reconciliations shall ye cause the shofar to sound throughout all your land. And ye shall sanctify the fiftieth year and proclaim liberty throughout all the land unto all the inhabitants thereof; it shall be a jubilee unto you; and ye shall return every one unto his possession, and ye shall return each one unto his family.read more.
A jubilee shall that fiftieth year be unto you; ye shall not sow nor reap that which grows of itself in it nor fence in thy consecrated vine. For it is the jubilee; it shall be holy unto you; ye shall eat the fruit of the land. In this year of jubilee ye shall return each one unto his possession. And if thou sell anything unto thy neighbour or buy anything of thy neighbour's hand, ye shall not oppress one another. According to the number of years after the jubilee thou shalt buy of thy neighbour, and according unto the number of years of the fruits he shall sell unto thee. According to the multitude of years thou shalt increase the price thereof, and according to the fewness of years thou shalt diminish the price of it; for according to the number of the years of the fruits does he sell unto thee. Ye shall not therefore oppress one another; but thou shalt fear thy God; for I am the LORD your God. Execute, therefore, my statutes and keep my rights and do them; and ye shall dwell in the land in safety; and the land shall yield her fruit, and ye shall eat your fill and dwell therein in safety. And if ye shall say, What shall we eat the seventh year? behold, we shall not sow nor gather in our fruits, then I will command my blessing upon you in the sixth year, and it shall bring forth fruit for three years. And ye shall sow the eighth year and eat yet of old fruit; until the ninth year, until her fruits come in ye shall eat of the old store. The land shall not be sold for ever, for the land is mine; for ye are strangers and sojourners with me. Therefore, in all the land of your possession, ye shall grant a redemption for the land. If thy brother becomes poor and has sold away some of his possession, his redeemer shall come, his closest kinsman, and shall redeem that which his brother sold. And when the man has no redeemer and is able to stretch forth his hand and find enough for his redemption, then he shall count the years from the sale thereof and pay that which remains unto the man to whom he sold it; that he may return unto his possession. But if he is not able to stretch forth his hand and find enough to return unto it, then that which is sold shall remain in the hand of the one that has bought it until the year of jubilee; and in the jubilee the land shall go out free, and he shall return unto his possession. And if a man sells a dwelling house in a walled city, then he may redeem it within a whole year after it is sold; within a full year may he redeem it. And if it is not redeemed within the space of a full year, then the house that is in the walled city shall be established for ever to the one that bought it for his descendants; it shall not go out in the jubilee. But the houses of the villages which have no wall round about them shall be counted as the fields of the country; they may be redeemed, and they shall go out in the jubilee. Notwithstanding the cities of the Levites and the houses of the cities of their possession, the Levites may redeem at any time. And if a man makes a purchase from the Levites, then the house that was sold and the city of his possession, shall go out in the year of jubilee; for the houses of the cities of the Levites are their possession among the sons of Israel. But the field of the suburbs of their cities may not be sold, for it is their perpetual possession. And if thy brother becomes poor and comes unto thee, then thou shalt receive him; as a stranger, or a sojourner, he shall live with thee. Take thou no usury of him, or increase; but thou shalt have the fear of thy God, and thy brother shall live with thee. Thou shalt not give him thy money upon usury, nor lend him thy food for increase. I AM your God, who brought you forth out of the land of Egypt, to give you the land of Canaan and to be your God. And when thy brother becomes poor, being with thee, and if he should sell himself unto thee, thou shalt not compel him to serve as a slave. As a hired servant and as a sojourner, he shall be with thee and shall serve thee unto the year of jubilee. Then he shall depart free from thy house, both he and his children with him, and shall return unto his own family, and unto the possession of his fathers shall he be restored. For they belong to me, I brought them forth out of the land of Egypt; they shall not be sold as slaves. Thou shalt not rule over him with rigor, but shalt fear thy God. Both thy menslaves and thy maidslaves, which thou shalt have, shall be of the Gentiles that are round about you; of them shall ye buy slaves. Ye may also buy of the children of the strangers that live among you and of those of their lineage that are born in your land, who are with you, and they shall be your possession. And ye shall possess them as an inheritance for your children after you, to inherit as a possession; they shall be your bondmen for ever; but over your brethren, the sons of Israel, ye shall not rule over one another with rigor. And if a sojourner or stranger who is with thee becomes rich and thy brother who is with him becomes poor and sells himself unto the stranger or sojourner who is with thee or to the race of the lineage of the stranger, after he is sold he shall have redemption; one of his brethren shall redeem him; either his uncle or his uncle's son shall redeem him; or any that is near of kin unto him of his lineage shall redeem him; or if he is able, 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 years, according to the time of a hired servant shall it be with him. If there are yet many years, according unto them he shall give again the price of his redemption out of the money that he was bought for. And if there remain but few years unto the year of jubilee, then he shall count with him, and according unto his years shall he give him again the price of his redemption. And as a yearly hired servant shall he be with him; and the other shall not rule with rigor over him in thy sight. And if he is not redeemed in these years, then he shall go out in the year of jubilee, both he and his children with him. For the sons of Israel are mine; they are my slaves whom I brought forth out of the land of Egypt. I AM your God.

At the end of every seven years thou shalt make a release. And this is the manner of the release: everyone who has lent anything to his neighbour, causing him to be in debt, shall release it; he shall not exact it any more of his neighbour or of his brother, because the release of the LORD is proclaimed. Of the foreigner thou shalt demand that it be repaid; but that which thy brother has of thine thy hand shall release,

Keep thyself that there not be a thought of Belial in thy heart, saying, The seventh year, the year of release, is at hand; and thine eye be evil against thy poor brother to give him nothing; for he shall cry unto the LORD against thee, and it shall be a sin unto thee.

And if thy brother, a Hebrew man, or a Hebrew woman, is sold unto thee and serves thee six years, then in the seventh year thou shalt send him forth from thee free. And when thou sendest him out free from thee, thou shalt not send him away empty. Thou shalt furnish him liberally out of thy flock and out of thy threshing floor and out of thy winepress; of that with which the LORD thy God has blessed thee thou shalt give unto him.read more.
And thou shalt remember that thou wast a slave in the land of Egypt, and the LORD thy God ransomed thee; therefore, I command thee this thing to day.

And Moses commanded them, saying, At the beginning of the seventh year, in the appointed time of the year of release, in the feast of the tabernacles, when all Israel is come to appear before the LORD thy God in the place which he shall choose, thou shalt read this law before all Israel in their hearing.

If thou should buy a Hebrew slave, he shall serve six years; and in the seventh he shall go out free for nothing.

At the end of seven years each one shall let his Hebrew brother go, who has been sold unto thee; therefore he shall serve thee six years, and thou shalt send him forth free from thee: but your fathers did not hearken unto me, nor incline their ear.

Likewise that if the peoples of the land bring merchandise or any food on the sabbath day to sell, that we would not take anything from them on the sabbath or on the holy day, and that we would leave the seventh year and remit every debt.

But if he gives a gift of his inheritance to one of his slaves, then it shall be his until the year of liberty; when it shall return to the prince; but his inheritance shall be his sons' for them.