1. At the end of every seven years you must declare a cancellation of debts.
2. This is the nature of the cancellation: Every creditor must remit what he has loaned to another person; he must not force payment from his fellow Israelite, for it is to be recognized as “the Lord’s cancellation of debts.”
3. You may exact payment from a foreigner, but whatever your fellow Israelite owes you, you must remit.