Cancelled Debt

"At the end of every seven years you must cancel debts. This is how it is to be done: Every creditor shall cancel the loan he has made to his fellow Israelite. He shall not require payment from his fellow Israelite or brother, because the LORD's time for canceling debts has been proclaimed." Deuteronomy 15:1-2

Those who were in debt: I am trying to imagine the joy and expectation as a people in bondage looked forward to the end of seven years. Once again, they could live in freedom. What a gift to be released from debt, released from the labors of servitude, released from the difficult circumstances they had managed to get themselves into or circumstances that had come their way through no fault of their own. They had permission to start over in the eyes of God and the eyes of the people.

Those who held the debts of others: I wonder what their thoughts and feelings were as the end of seven years approached and they were forced, by God's law, to cancel what was owed them. Did they see the end of the debt owed them as a release of sorts? Did they see the canceling of debts as a gift of freedom? Did they realize that they, too, had permission to start over in the eyes of God and the eyes of the people?

I am thinking of people I know whose pain and suffering run deep due to the debts owed to them. I have watched as they have struggled, some of them for a lifetime, to let go and move on with their lives. There is no freedom when life is lived with one hand open and the other clenched tight around a piece of paper that states what is still owed us.

If Jesus' life, death, and resurrection, as the Son of God, means my debt is cancelled then doesn't the same apply to the debt owed me?