11 Bible Verses about Cancellation Of Dept

Most Relevant Verses

Isaiah 61:1-3

The Spirit of the Lord GOD is upon me; because the LORD hath anointed me to publish good tidings to the meek; he hath sent me to bind up the broken-hearted, to proclaim liberty to the captives, and the opening of the prison to them that are bound; To proclaim the acceptable year of the LORD, and the day of vengeance of our God; to comfort all that mourn; To appoint to them that mourn in Zion, to give to them beauty 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.

Leviticus 25:8-55

And thou shalt number seven sabbaths of years to thee, seven times seven years; and the space of the seven sabbaths of years shall be to thee forty and nine years. Then shalt thou cause the trumpet of the jubilee to sound, on the tenth day of the seventh month, in the day of atonement shall ye make the trumpet sound throughout all your land. And ye shall hallow the fiftieth year, and proclaim liberty throughout all the land to all its inhabitants: it shall be a jubilee to you; and ye shall return every man to his possession, and ye shall return every man to his family.read more.
A jubilee shall that fiftieth year be to you: ye shall not sow, neither reap that which groweth of itself in it, nor gather the grapes in it of thy vine undressed. For it is the jubilee; it shall be holy to you: ye shall eat the increase of it out of the field. In the year of this jubilee ye shall return every man to his possession. And if thou shalt sell aught to thy neighbor, or buy aught of thy neighbor's hand, ye shall not oppress one another: According to the number of years after the jubilee thou shalt buy of thy neighbor, and according to the number of years of the fruits he shall sell to thee: According to the multitude of years thou shalt increase the price of it, 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 doth he sell to thee. Ye shall not therefore oppress one another; but thou shalt fear thy God: for I am the LORD your God. Wherefore ye shall do my statutes, and keep my judgments, 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 in it in safety. And if ye shall say, What shall we eat the seventh year? behold, we shall not sow nor gather in our increase: 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 of old fruit until the ninth year; until its 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. And in all the land of your possession ye shall grant a redemption for the land. If thy brother shall have become poor, and have sold some of his possession, and if any of his kin shall come to redeem it, then shall he redeem that which his brother sold. And if the man shall have none to redeem it, and himself be able to redeem it; Then let him count the years of the sale of it, and restore the overplus to the man to whom he sold it; that he may return to his possession. But if he shall not be able to restore it to him, then that which is sold shall remain in the hand of him that hath bought it until the year of jubilee: and in the jubilee it shall go out, and he shall return to his possession. And if a man shall sell 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 shall not be redeemed within the space of a full year, 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 of the villages which have no walls around 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, may the Levites redeem at any time. And if a man shall purchase of 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 children 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 shall have become poor, and fallen in decay with thee; then thou shalt relieve him: yea, though he may be a stranger, or a sojourner; that he may live with thee. Take thou no interest of him, or increase; but fear thy God; that thy brother may live with thee. Thou shalt not give him thy money upon interest, nor lend him thy victuals for increase. I am the LORD your God, who brought you out of the land of Egypt, to give you the land of Canaan, and to be your God. And if thy brother that dwelleth by thee shall have become poor, and be sold to thee; thou shalt not compel him to serve as a bond servant: But as a hired servant, and as a sojourner he shall be with thee, and shall serve thee to the year of jubilee. And then shall he depart from thee, both he and his children with him, and shall return to his own family, and to the possession of his fathers shall he return. For they are my servants, which I brought out of the land of Egypt; they shall not be sold as bond-men. Thou shalt not rule over him with rigor, but shalt fear thy God. Both thy bond-men, and thy bond-maids, which thou shalt have, shall be of the heathen that are around you; of them shall ye buy bond-men and bond-maids. Moreover of the children of the strangers that sojourn among you, of them shall ye buy, and of their families that are with you, which they begat in your land: and they shall be your possession. And ye shall take them as an inheritance for your children after you, to inherit them for a possession, they shall be your bond-men for ever: but over your brethren the children of Israel, ye shall not rule one over another with rigor. And if a sojourner or a stranger shall become rich by thee, and thy brother that dwelleth by him shall become poor, and sell himself to the stranger or sojourner by thee, or to the stock of the stranger's family: After that he is sold he may be redeemed again; one of his brethren may redeem him: Either his uncle, or his uncle's son may redeem him, or any that is nigh of kin to him of his family, may 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, 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 it be with him. If there shall be yet many years behind, according to them he shall give again the price of his redemption out of the money that he was bought for. And if there shall remain but few years to the year of jubilee, then he shall count with him, and according to 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 shall not be redeemed in these years, then he shall go out in the year of jubilee, both he, and his children with him. For to me the children of Israel are servants, they are my servants whom I brought out of the land of Egypt: I am the LORD your God.

Deuteronomy 15:1-3

At the end of every seven years thou shalt make a release. And this is the manner of the release: Every creditor that lendeth aught to his neighbor shall release it; he shall not exact it of his neighbor, or of his brother; because it is called the LORD'S release. Of a foreigner thou mayest exact it again: but that which is thine with thy brother thy hand shall release:

Deuteronomy 15:9

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

Deuteronomy 15:12-15

And if thy brother, a Hebrew man, or a Hebrew woman, shall be sold to thee, and serve thee six years; then 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 depart empty: Thou shalt furnish him liberally out of thy flock, and out of thy floor, and out of thy wine-press: of that with which the LORD thy God hath blessed thee thou shalt give to him.read more.
And thou shalt remember that thou wast a bond-man in the land of Egypt, and the LORD thy God redeemed thee: therefore I command thee this thing this day.

Deuteronomy 31:10-11

And Moses commanded them, saying, At the end of every seven years, in the solemnity of the year of release, in the feast of 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.

Jeremiah 34:14

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

Nehemiah 10:31

And if the people of the land should bring wares or any provisions on the sabbath day to sell, that we would not buy it of them on the sabbath, or on the holy day: and that we would leave the seventh year, and the exaction of every debt.

Ezekiel 46:17

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

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