By cancelling the record of debt that stood against us with its legal demands. This He set aside, nailing it to the cross (Col 2:14).

All of us are in debt to someone.  We owe someone some money.  We owe someone a favor.  We owe someone an apology.  We owe someone a word of thanks.

But we have an even bigger debt. The Bible says we owe the biggest debt of all to God.

We have enjoyed sin in this world. We have broken God’s laws. We need to pay for our sins. But Jesus paid our debt of sin by going to the cross.

What if all of your financial creditors called you and told you they were wiping out your debt completely?

You would rejoice because you were free. That’s what Jesus did for us on the cross.

Jesus paid off our debt of sin to God so that we no longer need to pay anything.

He paid for every sin we have ever committed and ever will.  He paid for the sins we have committed in the past, will commit tomorrow, next year, and in the next 10 years.

Jesus paid it all!  There is nothing more we need to do.  We are debt free.

Jesus paid it all,
All to Him I owe,
Sin has left a crimson stain,
He washed it white as snow.

Thank you, Lord Jesus.