Debt and Servitude Laws · Bible

What happened to the debts of fellow Israelites during the Sabbatical Year (Shemitah)?

  1. The interest rate was doubled
  2. The debt was transferred to the Temple
  3. The debt was canceled or released
  4. The debtor was sold to a foreign nation
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Correct answer: The debt was canceled or released

Deuteronomy 15:1-2 mandates that every seven years, every creditor shall release that which he has lent to his neighbor. This prevented the cycle of perpetual poverty within the community.

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