Deuteronomy 15:1-3

New International Version

The Year for Canceling Debts^(A)

15 At the end of every seven years you must cancel debts.^{(B) 2} This is how it is to be done: Every creditor shall cancel any loan they have made to a fellow Israelite. They shall not require payment from anyone among their own people, because the Lord’s time for canceling debts has been proclaimed. ³ You may require payment from a foreigner,^(C) but you must cancel any debt your fellow Israelite owes you.