Topic: OUR DEBT IS CANCELED FOREVER – Bishop Mike Okonkwo Devotional 17 April   2022 [The Redeemed Evangelical Mission]

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OUR DEBT IS CANCELED FOREVER

“Having canceled the charge of our legal indebtedness, which stood against us and condemned us; He has taken it away, nailing it to the cross. And having disarmed the powers and authorities, He made a public spectacle of them, triumphing over them by the cross.” Colossians 2:14-15 (NIV)

Beloved, even as we celebrate Easter on this resurrection morning, I believe it is vitally important that we have an understanding of what Christ did, and what the victory He wrought on our behalf means to us. This is very vital so that we do not miss out on the significance of His resurrection. Easter is not a religious exercise, but Jesus’ victory over death, grave, and whatever hell has to offer. From our text this morning, Apostle Paul writing to the church in Colosse, figuratively describes what Christ’s death accomplished for the believer.

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Look at verse 14; “having CANCELED the charge of our LEGAL INDEBTEDNESS”, now what does that mean? The word “canceled”, translated from the original Greek language, also means to wipe out or wash. Metaphorically, this connotes a removal or obliteration of whatever used to be. By “our legal indebtedness”, this agrees with the scripture, as stated in Romans 3:23 (KJV), “For all have sinned and come short of the glory of God”. Every single one of us, before receiving redemption through Christ, we were all legal slaves and captives of sin. We had the overbearing weight of sin and eternal condemnation hanging over our heads, which empowered the devil to table accusations against us before the Father.

But see what Apostle Paul is saying in light of these brief explanations that have been made; Christ through His death has utterly destroyed everything that gave the enemy a legal hold over your life. Child of God, by the reason of the price that He paid on the cross of Calvary, the enemy can no longer bring any accusation whatsoever against you before God. In fact, he has no case against you, and so you have been discharged, acquitted, the case is closed, and there’s no appeal! That tells you that you have total victory, hallelujah!

Bible Reference – Ephesians 2:4-9, Colossians 2:9-15

Daily Bible Reading: Morning- 2 Samuel 1-2; Evening- Luke 14:1-24

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