The Year of Jubilee
Copyright © August 18, 2008
by Robert Wayne Atkins, P.E.
All Rights Reserved.
In the Holy Bible God said that every fiftieth year was to be a Year of Jubilee,
and all land should be returned to its original owners and all slaves should be set free.
If a person became poor God said that he could sell his land and home to another,
or if necessary he could rent himself based on the value of his yearly labor.
The price of the land was based on the number of harvests until the next Jubilee,
and the price of a home was equal to the rent it would earn until the next Jubilee.
If a person prospered then at any time he could redeem himself and his property,
by paying the yearly rent multiplied by the number of years until the next Jubilee.
If he did not prosper then in the Year of Jubilee he received everything back debt free.
This law gave everyone a chance to start over and earn a living off their own property.
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In today’s modern world if a person becomes poor and all his debts he cannot repay,
then the law allows him to declare bankruptcy and have most of his debts erased away.
If you must file for bankruptcy then do not feel guilty but praise your Heavenly Father,
Who now provides a legal Jubilee in the exact year you need it so you can start over.
Reference Scripture Verses
Leviticus 25:8-17 - "Count off seven sabbaths of years -- seven times seven years -- so that the seven sabbaths of years amount to a period of forty-nine years. Then have the trumpet sounded everywhere on the tenth day of the seventh month; on the Day of Atonement sound the trumpet throughout your land. Consecrate the fiftieth year and proclaim liberty throughout the land to all its inhabitants. It shall be a jubilee for you; each one of you is to return to his family property and each to his own clan. The fiftieth year shall be a jubilee for you; do not sow and do not reap what grows of itself or harvest the untended vines. For it is a jubilee and is to be holy for you; eat only what is taken directly from the fields. In this Year of Jubilee everyone is to return to his own property. If you sell land to one of your countrymen or buy any from him, do not take advantage of each other. You are to buy from your countryman on the basis of the number of years since the Jubilee. And he is to sell to you on the basis of the number of years left for harvesting crops. When the years are many, you are to increase the price, and when the years are few, you are to decrease the price, because what he is really selling you is the number of crops. Do not take advantage of each other, but fear your God. I am the LORD your God."
Leviticus 25:23-31 - "The land must not be sold permanently, because the land is mine and you are but aliens and my tenants. Throughout the country that you hold as a possession, you must provide for the redemption of the land. If one of your countrymen becomes poor and sells some of his property, his nearest relative is to come and redeem what his countryman has sold. If, however, a man has no one to redeem it for him but he himself prospers and acquires sufficient means to redeem it, he is to determine the value for the years since he sold it and refund the balance to the man to whom he sold it; he can then go back to his own property. But if he does not acquire the means to repay him, what he sold will remain in the possession of the buyer until the Year of Jubilee. It will be returned in the Jubilee, and he can then go back to his property. If a man sells a house in a walled city, he retains the right of redemption a full year after its sale. During that time he may redeem it. If it is not redeemed before a full year has passed, the house in the walled city shall belong permanently to the buyer and his descendants. It is not to be returned in the Jubilee. But houses in villages without walls around them are to be considered as open country. They can be redeemed, and they are to be returned in the Jubilee."
Leviticus 25:35-43 - "If one of your countrymen becomes poor and is unable to support himself among you, help him as you would an alien or a temporary resident, so he can continue to live among you. Do not take interest of any kind from him, but fear your God, so that your countryman may continue to live among you. You must not lend him money at interest or sell him food at a profit. I am the LORD your God, who brought you out of Egypt to give you the land of Canaan and to be your God. If one of your countrymen becomes poor among you and sells himself to you, do not make him work as a slave. He is to be treated as a hired worker or a temporary resident among you; he is to work for you until the Year of Jubilee. Then he and his children are to be released, and he will go back to his own clan and to the property of his forefathers. Because the Israelites are my servants, whom I brought out of Egypt, they must not be sold as slaves. Do not rule over them ruthlessly, but fear your God."
Leviticus 25:47-55 - "If an alien or a temporary resident among you becomes rich and one of your countrymen becomes poor and sells himself to the alien living among you or to a member of the alien's clan, he retains the right of redemption after he has sold himself. One of his relatives may redeem him: An uncle or a cousin or any blood relative in his clan may redeem him. Or if he prospers, he may redeem himself. He and his buyer are to count the time from the year he sold himself up to the Year of Jubilee. The price for his release is to be based on the rate paid to a hired man for that number of years. If many years remain, he must pay for his redemption a larger share of the price paid for him. If only a few years remain until the Year of Jubilee, he is to compute that and pay for his redemption accordingly. He is to be treated as a man hired from year to year; you must see to it that his owner does not rule over him ruthlessly. Even if he is not redeemed in any of these ways, he and his children are to be released in the Year of Jubilee, for the Israelites belong to me as servants. They are my servants, whom I brought out of Egypt. I am the LORD your God."
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