Miracle Debt elimination in the Scriptures (2024)

Publish date: 03/15/2015

Israelites borrow from the Egyptians and then they experience miracle debt elimination

Exodus 3:21-22 And I will give this people favour in the sight of the Egyptians: and it shall come to pass, that, when ye go, ye shall not go empty: 22 But every woman shall borrow of her neighbour, and of her that sojourneth in her house, jewels of silver, and jewels of gold, and raiment: and ye shall put them upon your sons, and upon your daughters; and ye shall spoil the Egyptians. Exodus 14:30 Thus the LORD saved Israel that day out of the hand of the Egyptians; and Israel saw the Egyptians dead upon the sea shore.

The Lord’s time for canceling debts has been proclaimed

Deuteronomy 15:1-6 (NIV) At the end of every seven years you must cancel debts. 2 This is how it is to be done: Every creditor shall cancel the loan he has made to his fellow Israelite. He shall not require payment from his fellow Israelite or brother, because the LORD’s time for canceling debts has been proclaimed. 3 You may require payment from a foreigner, but you must cancel any debt your brother owes you. 4 However, there should be no poor among you, for in the land the LORD your God is giving you to possess as your inheritance, he will richly bless you, 5 if only you fully obey the LORD your God and are careful to follow all these commands I am giving you today. 6 For the LORD your God will bless you as he has promised, and you will lend to many nations but will borrow from none. You will rule over many nations but none will rule over you.

Debt (taxes) eliminated

1 Samuel 17:22-25 (NIV) David left his things with the keeper of supplies, ran to the battle lines and greeted his brothers. 23 As he was talking with them, Goliath, the Philistine champion from Gath, stepped out from his lines and shouted his usual defiance, and David heard it. 24 When the Israelites saw the man, they all ran from him in great fear.

25 Now the Israelites had been saying, “Do you see how this man keeps coming out? He comes out to defy Israel. The king will give great wealth to the man who kills him. He will also give him his daughter in marriage and will exempt his father’s family from taxes in Israel.”

Widow woman’s debt eliminated

2 Kings 4:1-7 Now there cried a certain woman of the wives of the sons of the prophets unto Elisha, saying, Thy servant my husband is dead; and thou knowest that thy servant did fear the LORD: and the creditor is come to take unto him my two sons to be bondmen. 2 And Elisha said unto her, What shall I do for thee? tell me, what hast thou in the house? And she said, Thine handmaid hath not any thing in the house, save a pot of oil. 3 Then he said, Go, borrow thee vessels abroad of all thy neighbours, even empty vessels; borrow not a few. 4 And when thou art come in, thou shalt shut the door upon thee and upon thy sons, and shalt pour out into all those vessels, and thou shalt set aside that which is full. 5 So she went from him, and shut the door upon her and upon her sons, who brought the vessels to her; and she poured out. 6 And it came to pass, when the vessels were full, that she said unto her son, Bring me yet a vessel. And he said unto her, There is not a vessel more. And the oil stayed. 7 Then she came and told the man of God. And he said, Go, sell the oil, and pay thy debt, and live thou and thy children of the rest.

Axe head was borrowed, lost, and returned

2 Kings 6:4-7 So he went with them. And when they came to Jordan, they cut down wood. 5 But as one was felling a beam, the axe head fell into the water: and he cried, and said, Alas, master! For it was borrowed. 6 And the man of God said, Where fell it? And he shewed him the place. And he cut down a stick, and cast it in thither; and the iron did swim. 7 Therefore said he, Take it up to thee. And he put out his hand, and took it.

Nehemiah’s workmen had their mortgages and debts canceled

Nehemiah 5:1-4, 11-12 And there was a great cry of the people and of their wives against their brethren the Jews. 2 For there were that said, We, our sons, and our daughters, are many: therefore we take up corn for them, that we may eat, and live. 3 Some also there were that said, We have mortgaged our lands, vineyards, and houses, that we might buy corn, because of the dearth. 4 There were also that said, We have borrowed money for the king’s tribute, and that upon our lands and vineyards. 11 Restore, I pray you, to them, even this day, their lands, their vineyards, their oliveyards, and their houses, also the hundredth part of the money, and of the corn, the wine, and the oil, that ye exact of them. 12 Then said they, We will restore them, and will require nothing of them; so will we do as thou sayest. Then I called the priests, and took an oath of them, that they should do according to this promise.

10,000 talent debt elimination

Matthew 18:23-27 Therefore is the kingdom of heaven likened unto a certain king, which would take account of his servants. 24 And when he had begun to reckon, one was brought unto him, which owed him ten thousand talents. 25 But forasmuch as he had not to pay, his lord commanded him to be sold, and his wife, and children, and all that he had, and payment to be made. 26 The servant therefore fell down, and worshipped him, saying, Lord, have patience with me, and I will pay thee all. 27 Then the lord of that servant was moved with compassion, and loosed him, and forgave him the debt.

Jesus had a debt

Matthew 17:24-27 And when they were come to Capernaum, they that received tribute money came to Peter, and said, Doth not your master pay tribute? 25 He saith, Yes. And when he was come into the house, Jesus prevented him, saying, What thinkest thou, Simon? of whom do the kings of the earth take custom or tribute? of their own children, or of strangers? 26 Peter saith unto him, Of strangers. Jesus saith unto him, Then are the children free. 27 Notwithstanding, lest we should offend them, go thou to the sea, and cast an hook, and take up the fish that first cometh up; and when thou hast opened his mouth, thou shalt find a piece of money: that take, and give unto them for me and thee.

Zacchaeus restored fourfold

Luke 19:8 And Zacchaeus stood, and said unto the Lord; Behold, Lord, the half of my goods I give to the poor; and if I have taken any thing from any man by false accusation, I restore him fourfold.

Onesimus debt canceled by the Apostle Paul

Philemon 1:18-19 (NIV) If he has done you any wrong or owes you anything, charge it to me. 19 I, Paul, am writing this with my own hand. I will pay it back-not to mention that you owe me your very self.

Greatest debt elimination – Jesus eliminates our debt of sin on the cross

Colossians 2:13-14 (NAS) And when you were dead in your transgressions and the uncircumcision of your flesh, He made you alive together with Him, having forgiven us all our transgressions, 14 having canceled out the certificate of debt consisting of decrees against us and which was hostile to us; and He has taken it out of the way, having nailed it to the cross.

Miracle Debt elimination in the Scriptures (2024)

FAQs

Miracle Debt elimination in the Scriptures? ›

Deuteronomy 15:1-6 (NIV) At the end of every seven years you must cancel debts. 2 This is how it is to be done: Every creditor shall cancel the loan he has made to his fellow Israelite. He shall not require payment from his fellow Israelite or brother, because the LORD's time for canceling debts has been proclaimed.

What scripture says to eliminate debt? ›

Romans 13:8

8 Let no debt remain outstanding, except the continuing debt to love one another, for whoever loves others has fulfilled the law.

What is the powerful prayer to clear debts? ›

I commit this hard work to You and trust You will help me come out debt free. Father, in Jesus' name, I'm asking for Your strategies. I trust Your generosity and know You want to lead me to wisdom. So give me Your wisdom to do the right things and make the right moves to get out of debt quickly.

What is the miracle prayer for debt cancellation? ›

In the journey of life, financial burdens often weigh us down, leaving many entangled in the web of debts. The prayer, “Oh My Father, send my way, the wonder of debt cancellation and debt payment before the year ends in Jesus' wonderful name,” is a fervent appeal to the heavens for a financial miracle.

What is a powerful Bible verse for financial breakthrough? ›

“And my God will meet all your needs according to the riches of his glory in Christ Jesus.” – Philippians 4:19 (NIV) This verse assures believers that God will provide for all their needs — not just in a material sense but also in a spiritual and emotional sense.

What psalm is for paying off debt? ›

“The wicked borrow and do not repay, but the righteous give generously.” Psalm 37:21. As Christians, we know that paying our debts is important. We serve a just and righteous God who hates dishonesty.

How do you pray for a financial miracle? ›

"Dear God, I pray for abundance and financial prosperity in my life. Please bless me with the resources and opportunities to achieve my financial goals and provide for myself and my loved ones."

How do I ask God for help with debt? ›

Please assist us in getting out of debt, and we particularly ask today that You help all who are struggling with debt because of unemployment. Help us to always turn to You for everything that we need each day. Give us the grace to rely on You in all things.

Can God cancel debts? ›

Similarly, in Deuteronomy 15, God says that every seven years, creditors should “remit the claim that is held against a neighbor” because “the Lord's remission has been proclaimed.” In the New Testament, Jesus instructs his followers to pray “forgive us our debts, as we also have forgiven our debtors” (Matthew 6:12, ...

How do I ask God for immediate help? ›

I pray to you as I am desperate for help. I need to know that you care, that you love me, be my refuge from pain, replacing my distress with peace, and be my strength when I feel weak and find it hard to carry on.

What is the Lord's prayer for debts? ›

Thy kingdom come, thy will be done, on earth as it is in heaven. Give us this day our daily bread; and forgive us our debts, as we forgive our debtors; and lead us not into temptation, but deliver us from evil. For thine is the kingdom and the power and the glory, forever. All: Amen.

What scripture to read when struggling financially? ›

Philippians 4:6-7 (GNTD)

Don't worry about anything, but in all your prayers ask God for what you need, always asking him with a thankful heart.

What are three prayers to say during financial hardship? ›

You are the God who provides all my needs according to your riches in Glory. I come to You as I am struggling financially, asking for your provision. Remove my fear, doubt, and unbelief. Fill me with Your peace and confidence in the promise of your care for me in time of need.

How to attract financial blessings from God? ›

Grow in Knowledge, Understanding, and Wisdom. Financial favor is attracted to a spirit of preparation. The more vessels you prepare, the more vessels you have to receive financial favor. In other words, God isn't going to give abundant financial favor to someone who doesn't know how to steward it well.

Does the Bible say debt should be forgiven? ›

Bible Gateway Deuteronomy 15 :: NIV. At the end of every seven years you must cancel debts. This is how it is to be done: Every creditor shall cancel the loan he has made to his fellow Israelite.

What does proverbs 17 and 18 mean? ›

NASB A person lacking in sense shakes hands And becomes guarantor in the presence of his neighbor. CSB One without sense enters an agreement and puts up security for his friend. NLT It's poor judgment to guarantee another person's debt or put up security for a friend.

Will God help me pay my debts? ›

Listen, if you're knee-deep in a money crisis of your own, I'm here to tell you: God has your back! Trust me, I know it's tough to trust God when you have no money. And although we may feel blindsided or overwhelmed, God doesn't! He'll provide a way through to the other side.

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