Deuteronomy 15:1-3

Year of canceled debts

15 Every seventh year you must cancel all debts. ² This is how the cancellation is to be handled: Creditors will forgive the loans of their fellow Israelites. They won’t demand repayment from their neighbors or their relatives because the Lord’s year of debt cancellation has been announced. ³ You are allowed to demand payment from foreigners, but whatever is owed you from your fellow Israelites you must forgive.