Jesus taught forgiveness of debt

Jesus in the synagogue at Nazareth

To redeem means to gain (or regain) possession of something in exchange for payment. To the ancient Hebrews, a redeemer (“goel”) was a relative who would purchase back someone who had been sold into debt slavery (a “bondservant”), or repurchase and return property that had been sold due to poverty. Jesus Christ is the great … Read more

Jubilee: Forgiveness of Debt

In the book of Leviticus, the Lord commanded from Sinai that when the children of Israel came to the promised land they should keep every seventh year as a Sabbatical year (Shmita) for the land. They were not to sow the fields or harvest (except that anyone could pick the fruit for personal use). Shmita … Read more

The Bondage of Debt

One of the worst forms of human bondage is financial debt. Indeed, throughout most of history, debt could literally land one in prison. During the 1700’s and 1800’s in England, ten thousand people were imprisoned for debt each year. However, the prison term did not count as paying the debt. Instead, an inmate was typically … Read more