Debt Free, Can It Be?

“He paid a debt He did not owe. I owed a debt I could not pay. I needed someone to wash my sins away. And now I sing a brand new song, Amazing Grace the whole day long. Christ Jesus paid the debt that I could never pay!” Now if you are not blessed by the truth of that little chorus, then your blesser is broken! Our sin debt is insurmountable, except for the grace of God found only in the person and work of Jesus Christ. We should have been made to pay for the debt of our own sin, which would have meant that we paid the wage of sin - DEATH. Not just any death, but an eternal separation from God in Hell (Romans 6:23; Rev. 20:14-15). Ah, but God in a gracious display of His love toward us, sent Jesus to die our death for us (Romans 5:8). The eternal Son of God paid the eternal price of sin. As 2 Corinthians 5:21 states, "For He [God the Father] hath made Him [God the Son] to be sin for us, who knew no sin; that we might be made the righteousness of God in Him [God the Son - Jesus].” So, we cannot relieve our sin-debt, but Christ Jesus can forgive our sin-debt in full, if we only believe in Him (Romans 4:4-8). Consider the one, "Who His own self bare our sins in His own body on the tree, that we, being dead to sins, should live unto righteousness: by whose stripes ye were healed [spiritually speaking]” 1 Peter 2:24.
O what grace - God’s Riches At Christ’s Expense - has been extended to us who are wholly undeserving of the act of God’s only Son on our behalf. Think on 1 Peter 3:18 for awhile, "For Christ also hath once suffered for sins, the just [Jesus] for the unjust [you and me], that He might bring us to God, being put to death in the flesh, but quickened by the Spirit.”  Since Jesus took our place and paid it all, truly, a new song, even praise to our God should well up in our hearts and burst forth from our lips. “Amazing Grace, How sweet the sound, that saved a wretch like me, I once was lost, but now am found, was blind but now I see.” All to Him we owe!

To the praise of the glory of his grace, wherein he hath made us accepted in the beloved. 7 In whom we have redemption through his blood, the forgiveness of sins, according to the riches of his grace;  Ephesians 1:6–7