A man was once boasting to an acquaintance, “We have a whole roomful of furniture from France that goes back to Louis the 14th.” “That’s nothing,” replied the other. “We’ve got a whole house full of furniture that goes back to Sears on the 12th.&q … More
In this chapter Moses states that during this seventh year the Israelites were not to be pressed to pay their debts. This does not mean that the debts would be completely eliminated but simply that the time of payment was extended for one year. The Israelites were allowed to press foreigners during this time for payment of loans; but were not allowed to press their brethren (v. 3). Moses gives the regulations concerning the sabbatical year or the year of debt release. The law of “debt cancellation” is stated in verse 1 and explained in verses 1-11. To cancel the loan could mean the loan was to be completely eliminated or it could mean it was to be cancelled only during the seventh year. Regardless, the payment could not be demanded in the seventh year, but it would seem that after the seventh year the loan would still have to be repaid. The borrower would receive an extra year for paying back the loan and the person making the loan would lose interest for one year. The law of debt cancellation was intended to instill a spirit of generosity within the Israelites and thus the freedom from the love of money and things.
I want to be especially careful to never create indebtedness on things that depreciate. I do not want to over spend on things that I do not really need. Also I need to be more conscious of the poor and needy and look for ways I can help them with what you bless me with.
"At the end of every seven years you shall grant a release. And this is the manner of the release: every creditor shall release what he has lent to his neighbor. He shall not exact it of his neighbor, his brother, because the LORD's release has been proclaimed. Of a foreigner you may exact it, but whatever of yours is with your brother your hand shall release. But there will be no poor among you; for the LORD will bless you in the land that the LORD your God is giving you for an inheritance to possess-- if only you will strictly obey the voice of the LORD your God, being careful to do all this commandment that I command you today. For the LORD your God will bless you, as he promised you, and you shall lend to many nations, but you shall not borrow, and you shall rule over many nations, but they shall not rule over you. "If among you, one of your brothers should become poor, in any of your towns within your land that the LORD your God is giving you, you shall not harden your heart or shut your hand against your poor brother, but you shall open your hand to him and lend him sufficient for his need, whatever it may be. Take care lest there be an unworthy thought in your heart and you say, 'The seventh year, the year of release is near,' and your eye look grudgingly on your poor brother, and you give him nothing, and he cry to the LORD against you, and you be guilty of sin. You shall give to him freely, and your heart shall not be grudging when you give to him, because for this the LORD your God will bless you in all your work and in all that you undertake. For there will never cease to be poor in the land. Therefore I command you, 'You shall open wide your hand to your brother, to the needy and to the poor, in your land."'
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Deuteronomy 13:1-18Do Not Listen to False Prophets
Deuteronomy 14:1-29Moses Deals With Diet
Deuteronomy 15:1-11Regulations Concering Debt Cancellation
Deuteronomy 15:12-23The Principles of Slavery
Deuteronomy 16:1-22The Three Feasts of God’s Chosen People
Deuteronomy 17:1-20Moses Gives The Job Description
Deuteronomy 18:1-8The Levites Were Set Apart to Serve
Deuteronomy 18:9-22How to Know if a Prophet is True or False