Are You Free From Debt?


“Blessed is he whose transgression is forgiven, whose sin is covered.” Psalm 32:1

So we don’t miss David’s point, he repeats the truth  in a different way.

“Blessed is the man unto whom the LORD imputeth not iniquity, and in whose spirit there is no guile.” Psalm 32:2.

“Blessed is he whose transgression is forgiven…Now to him that worketh is the reward not reckoned of grace, but of debt. But to him that worketh not, but believeth on him that justifieth the ungodly, his faith is counted for righteousness. Even as David also describeth the blessedness of the man, unto whom God imputeth righteousness without works, Saying, BLESSED ARE THEY WHOSE INIQUITIES ARE FORGIVEN, AND WHOSE SINS ARE COVERED. BLESSED IS THE MAN TO WHOM THE LORD WILL NOT IMPUTE SIN… There is therefore now no condemnation to them which are in Christ Jesus, who walk not after the flesh, but after the Spirit…AND THEIR SINS AND INIQUITIES WILL I REMEMBER NO MORE.” (Rom. 4:4-8; 8:1;Heb. 10:17).

The debt of sin is paid. Your account can be drained of sin and filled with the righteousness of Christ. Blessed is the forgiven.

With the precious blood of Christ, as of a lamb without blemish and without spot. 1Peter 1:19


…whose sin is covered…Thou hast forgiven the iniquity of thy people; thou hast covered all their sin. Selah… For this is my blood of the new testament, which is shed for many for the remission of sins… And almost all things are by the law purged with blood; and without shedding of blood is no remission… and the blood of Jesus Christ his Son cleanseth us from all sin…And from Jesus Christ, who is the faithful witness, and the first begotten of the dead, and the prince of the kings of the earth. Unto him that loved us, and washed us from our sins in his own blood.” (Ps. 85:2; Matt. 26:28; Heb. 9:22; 1John 1:7b; Rev. 1:5). 

The debt of sin is paid. The contract is signed in the blood of Christ. It can be yours. Blessed is the cleansed by His blood.

“Blessed is the man unto whom the LORD imputeth not iniquity…I acknowledged my sin unto thee, and mine iniquity have I not hid. I said, I will confess my transgressions unto the LORD; and thou forgavest the iniquity of my sin… If we confess our sins, he is faithful and just to forgive us our sins, and to cleanse us from all unrighteousness.”(Ps. 32:5; 1John 1:9).

The debt of sin is paid. It can be put to your account through receiving the gift of Jesus Christ. Blessed is the account filled with the righteousness of Christ.

Raised in  newness of life!

“… and in whose spirit there is no guile…The heart is deceitful above all things and desperately wicked: who can know it… A new heart also will I give you, and a new spirit will I put within you; and I will take away the stony heart out of your flesh, and I will give you an heart of flesh… Jesus answered and said unto him, Verily, verily, I say unto thee, Except a man be born again, he cannot see the kingdom of God… But as many as received him, to them gave he power to become the sons of God, even to them that believe on his name: Which were born, not of blood, nor of the will of the flesh, nor of the will of man, but of God.” (Jer. 17:9; Ezek. 36:26; John 3:3; John 1:12,13).

The debt of sin is paid. You can have a new heart and new spirit. Blessed is the born again.

Are you blessed? You can be. Your debt of sin is paid, covered by the blood of Christ. A life free from condemnation and the power of sin waits for all who receive Jesus Christ’s payment as their own. If you have received the gift of God’s grace, you are blessed beyond measure. Are you free from a debt you could not pay?

“Blessed is he whose transgression is forgiven, whose sin is covered.” Psalm 32:1