Debts Canceled

15 “At the end of every seven years you must cancel debts.(A) This is how to cancel debt: Every creditor[a] is to cancel what he has lent his neighbor. He is not to collect anything from his neighbor or brother, because the Lord’s release of debts has been proclaimed. You may collect something from a foreigner, but you must forgive whatever your brother owes you.

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Footnotes

  1. Deuteronomy 15:2 Lit owner of a loan of his hand

The Year for Canceling Debts(A)

15 At the end of every seven years you must cancel debts.(B) This is how it is to be done: Every creditor shall cancel any loan they have made to a fellow Israelite. They shall not require payment from anyone among their own people, because the Lord’s time for canceling debts has been proclaimed. You may require payment from a foreigner,(C) but you must cancel any debt your fellow Israelite owes you.

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15 At the end of every seven years thou shalt make a release.

And this is the manner of the release: Every creditor that lendeth ought unto his neighbour shall release it; he shall not exact it of his neighbour, 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 thine hand shall release;

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