The law left us in debt. Redemption through the blood of Jesus paid that debt.
“When you were dead in your transgressions and the uncircumcision of your flesh, He made you alive together with Him, having forgiven us all our transgressions, having canceled out the certificate of debt consisting of decrees against us, which was hostile to us; and He has taken it out of the way, having nailed it to the cross. (Col. 2:13-14, NAS)
Jesus added a disclaimer to that forgiveness in Matthew 6 and 18. “Forgive us our debts,” the prayer says, “as we forgive our debtors.”
In describing what the kingdom of heaven is like, we are instructed by Jesus to be as generous in our debt liquidation as the King is with us. It’s so simple isn’t it? Have every debt forgiven and forgive every debt. Now that’s what I call debt relief!