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Deuteronomy 15:1-10

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1 “At the end of every seventh year you must cancel the debts of everyone who owes you money.
2 This is how it must be done. Everyone must cancel the loans they have made to their fellow Israelites. They must not demand payment from their neighbors or relatives, for the LORD ’s time of release has arrived.
3 This release from debt, however, applies only to your fellow Israelites—not to the foreigners living among you.
4 “There should be no poor among you, for the LORD your God will greatly bless you in the land he is giving you as a special possession.
5 You will receive this blessing if you are careful to obey all the commands of the LORD your God that I am giving you today.
6 The LORD your God will bless you as he has promised. You will lend money to many nations but will never need to borrow. You will rule many nations, but they will not rule over you.
7 “But if there are any poor Israelites in your towns when you arrive in the land the LORD your God is giving you, do not be hard-hearted or tightfisted toward them.
8 Instead, be generous and lend them whatever they need.
9 Do not be mean-spirited and refuse someone a loan because the year for canceling debts is close at hand. If you refuse to make the loan and the needy person cries out to the LORD, you will be considered guilty of sin.
10 Give generously to the poor, not grudgingly, for the LORD your God will bless you in everything you do.
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Deuteronomy 15:1-10 Meaning and Commentary

INTRODUCTION TO DEUTERONOMY 15

This chapter treats of a release of debts every seventh year, to which a blessing is promised if attended to, De 15:1-6, which seventh year of release should not hinder lending to a poor man in distress, even though it was nigh at hand, De 15:7-11 and of letting servants go free, whether manservant or maidservant, at the end of six years' servitude, De 15:12-15 but if unwilling to go, and desirous of staying, must have his ear bored through with an awl, and serve to the year of jubilee, De 15:16-18 and of sanctifying and eating the firstlings of the herd and flock where the Lord directs, De 15:19-23.

Taken from John Gill's Exposition of the Bible
Holy Bible. New Living Translation copyright© 1996, 2004, 2007, 2013 by Tyndale House Foundation. Used by permission of Tyndale House Publishers Inc., Carol Stream, Illinois 60188. All rights reserved.