Bible Verses About The Feast of Sabbatical Year: Remission of debts

At the end of every seven years you must cancel debts.

This is the manner of remission: Every creditor shall cancel what he has loaned to his neighbor. He is not to collect anything from his neighbor or brother, because the LORD’s time of release has been proclaimed.

You may collect something from a foreigner, but you must forgive whatever your brother owes you.