11 Bible Verses about Cancellation Of Dept

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

The Spirit of the LORD is on me; because he has anointed me to preach good news to the humble. He has sent me to bind up the brokenhearted, to proclaim liberty to the captives, and an opening of the eyes to those who are bound; to proclaim the year of the LORD's favor, and the day of vengeance of our God; to comfort all who mourn; to appoint to those who mourn in Zion, to give to them a garland for ashes, the oil of joy for mourning, the garment of praise for the spirit of heaviness; that they may be called trees of righteousness, the planting of the LORD, that he may be glorified.

"'You shall count off seven Sabbaths of years, seven times seven years; and there shall be to you the days of seven Sabbaths of years, even forty-nine years. Then you shall sound the loud trumpet on the tenth day of the seventh month. On the Day of Atonement you shall sound the trumpet throughout all your land. You shall make the fiftieth year holy, and proclaim liberty throughout the land to all its inhabitants. It shall be a jubilee to you; and each of you shall return to his own property, and each of you shall return to his family.read more.
That fiftieth year shall be a jubilee to you. In it you shall not sow, neither reap that which grows of itself, nor gather from the undressed vines. For it is a jubilee; it shall be holy to you. You shall eat of its increase out of the field. "'In this Year of Jubilee each of you shall return to his property. "'If you sell anything to your neighbor, or buy from your neighbor, you shall not wrong one another. According to the number of years after the Jubilee you shall buy from your neighbor. According to the number of years of the crops he shall sell to you. According to the length of the years you shall increase its price, and according to the shortness of the years you shall diminish its price; for he is selling the number of the crops to you. You shall not wrong one another; but you shall fear your God: for I am the LORD your God. "'Therefore you shall do my statutes, and keep my ordinances and do them; and you shall dwell in the land in safety. The land shall yield its fruit, and you shall eat your fill, and dwell therein in safety. If you said, "What shall we eat the seventh year? Behold, we shall not sow, nor gather in our increase;" then I will command my blessing on you in the sixth year, and it shall bring forth fruit for the three years. You shall sow the eighth year, and eat of the fruits, the old store; until the ninth year, until its fruits come in, you shall eat the old store. "'The land shall not be sold in perpetuity, for the land is mine; for you are strangers and live as foreigners with me. In all the land of your possession you shall grant a redemption for the land. "'If your brother becomes poor, and sells some of his possessions, then his kinsman who is next to him shall come, and redeem that which his brother has sold. If a man has no one to redeem it, and he becomes prosperous and finds sufficient means to redeem it; then let him reckon the years since its sale, and restore the surplus to the man to whom he sold it; and he shall return to his property. But if he isn't able to get it back for himself, then what he has sold shall remain in the hand of him who has bought it until the Year of Jubilee: and in the Jubilee it shall be released, and he shall return to his property. "'If a man sells a dwelling house in a walled city, then he may redeem it within a whole year after it has been sold. For a full year he shall have the right of redemption. If it isn't redeemed within the space of a full year, then the house that is in the walled city shall be made sure in perpetuity to him who bought it, throughout his generations. It shall not be released in the Jubilee. But the houses of the villages which have no wall around them shall be reckoned with the fields of the country; they may be redeemed; and they shall be released in the Jubilee. "'Nevertheless the cities of the Levites, the houses in the cities of their possession, the Levites may redeem forever. The Levites may redeem the house that was sold, and the city of his possession, and it shall be released in the Jubilee; for the houses of the cities of the Levites are their possession among the children of Israel. But the field of the suburbs of their cities may not be sold; for it is their perpetual possession. "'If your brother has become poor, and his hand can't support him among you; then you shall uphold him. As a stranger and a sojourner he shall live with you. Take no interest from him or profit, but fear your God; that your brother may live among you. You shall not lend him your money at interest, nor give him your food for profit. I am the LORD your God, who brought you forth out of the land of Egypt, to give you the land of Canaan, and to be your God. "'If your brother has grown poor among you, and sells himself to you; you shall not make him to serve as a slave. As a hired servant, and as a sojourner, he shall be with you; he shall serve with you until the Year of Jubilee: then he shall go out from you, he and his children with him, and shall return to his own family, and to the possession of his fathers. For they are my servants, whom I brought forth out of the land of Egypt. They shall not be sold as slaves. You shall not rule over him with harshness, but shall fear your God. "'As for your male and your female slaves, whom you may have; of the nations that are around you, from them you may buy male and female slaves. Moreover of the children of the strangers who sojourn among you, of them you may buy, and of their families who are with you, which they have conceived in your land; and they will be your property. You may make them an inheritance for your children after you, to hold for a possession; of them may you take your slaves forever: but over your brothers the children of Israel you shall not rule, one over another, with harshness. "'If a stranger or sojourner with you becomes rich, and your brother beside him has grown poor, and sells himself to the stranger or foreigner living among you, or to a member of the stranger's family; after he is sold he may be redeemed. One of his brothers may redeem him; or his uncle, or his uncle's son, may redeem him, or any who is a close relative to him of his family may redeem him; or if he has grown rich, he may redeem himself. He shall reckon with him who bought him from the year that he sold himself to him to 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 he be with him. If there are yet many years, according to them he shall give back the price of his redemption out of the money that he was bought for. If there remain but a few years to the year of jubilee, then he shall reckon with him; according to his years of service he shall give back the price of his redemption. As a servant hired year by year shall he be with him: he shall not rule with harshness over him in your sight. If he isn't redeemed by these means, then he shall be released in the Year of Jubilee, he, and his children with him. For to me the children of Israel are servants; they are my servants whom I brought forth out of the land of Egypt. I am the LORD your God.

At the end of every seven years you shall make a release. This is the way of the release: every creditor shall release that which he has lent to his neighbor; he shall not exact it of his neighbor and his brother; because the LORD's release has been proclaimed. Of a foreigner you may exact it: but whatever of your is with your brother your hand shall release.

Beware that there not be a base thought in your heart, saying, "The seventh year, the year of release, is at hand"; and your eye be evil against your poor brother, and you give him nothing; and he cry to the LORD against you, and it be sin to you.

If your brother, a Hebrew man, or a Hebrew woman, is sold to you, and serves you six years; then in the seventh year you shall let him go free from you. When you let him go free from you, you shall not let him go empty: you shall furnish him liberally out of your flock, and out of your threshing floor, and out of your winepress; as the LORD your God has blessed you, you shall give to him.read more.
You shall remember that you were a bondservant in the land of Egypt, and the LORD your God redeemed you: therefore I command you this thing today.

Moses commanded them, saying, "At the end of every seven years, in the set time of the year of release, in the feast of tents, when all Israel has come to appear before the LORD your God in the place which he shall choose, you shall read this law before all Israel in their hearing.

"If you buy a Hebrew servant, he shall serve six years and in the seventh he shall go out free without paying anything.

"At the end of seven years you shall let go every man his brother who is a Hebrew, who has been sold to you, and has served you six years, you shall let him go free from you": but your fathers did not listen to me, neither inclined their ear.

and if the peoples of the land bring wares or any grain on the Sabbath day to sell, that we would not buy of them on the Sabbath, or on a holy day; and that we would forego the seventh year, and the exaction of every debt.

But if he give of his inheritance a gift to one of his servants, it shall be his to the year of liberty; then it shall return to the prince; but as for his inheritance, it shall be for his sons.