Loading ...Forgiveness of DEBT or Default does it make any difference ? You might as well Forgive and look good in doing so since you are not going to get paid anyway ! At least get some “good will” from it !
In Leviticus 25:10 God says “And ye shall hallow the FIFTIETH YEAR, and proclaim LIBERTY throughout all the land unto all the inhabitants thereof. It shall be a JUBILEE unto you…”
These are the sum of the parts that make up Jubilee: The 7th day is a sabbath rest day and the 7th year is a Shmita (Hebrew meaning “release”) a sabbath rest year, and the 7th Shmita is the 49th sabbath rest year with the 50th being Jubilee… then the cycle starts all over with the (50th year being the first year of the) next cycle. Jewish rabbis have been celebrating Shmita years ever since Israel became a nation in 1948.
Last Shmita: September 2007 – October 2008. Next Shmita (7th and last in this current cycle): September 25, 2014 – September 13, 2015 (Feast of Trumpets). The next day being the start of Jubilee… SEPTEMBER 14, 2015 – OCTOBER 3, 2016 – JUBILEE YEAR NB: The last Jubilee was October 1966 – September 1967. During this period the Jew’s ancient capital Jerusalem was recaptured by Israel on June 7, 1967 which falls within the laws of Jubilee where all land is recaptured/reverts to original owner, debts canceled, slaves set free within that year.