A Prayer for Supernatural Debt Cancellation and Tips on Dealing With Debts.

The above prayer is a heartfelt plea for supernatural debt cancellation. It is addressed to God, the Creator and Provider, with deep reverence and gratitude. The prayer acknowledges that all blessings and provisions come from God’s hand. The person praying admits their past financial mistakes and asks for forgiveness, seeking wisdom and discipline to manage their finances wisely.

The central theme of the prayer is the request for supernatural debt cancellation. The person brings each debt before God and declares them canceled and wiped away by the power of Jesus’ blood, claiming the promise of debt cancellation found in Colossians 2:14. They stand on the belief that they are no longer bound by the chains of debt because they are children of the Most High God.

Throughout the prayer, the person seeks God’s guidance, provision, and favor in dealing with creditors and financial institutions. They ask for doors of opportunity to be opened and for their resources to be multiplied. They also pray for a heart of generosity, desiring to share their blessings with others in need.

The prayer is grounded in biblical references, citing examples such as the widow in 2 Kings 4:1-7 and the promise of God’s deliverance in Psalm 34:4 and 1 Peter 5:7. It is a prayer of faith, expressing trust in God’s perfect timing and divine plan.

In conclusion, the person seals the prayer with the authority given to them as a believer in Jesus Christ, believing that God’s Word will not return void (Isaiah 55:11). They commit to testify of God’s goodness and grace and to give all the glory to Him.

Overall, this prayer is a sincere and hopeful cry for supernatural intervention in the area of financial debt, grounded in a deep faith in God’s power and goodness.

A Prayer for Supernatural Debt Cancellation

Heavenly Father, I come before Your throne of grace with a heart filled with gratitude and reverence. You are the God of all creation, the Creator of the heavens and the earth, and there is nothing beyond Your power. You are the source of all blessings and provision, and I acknowledge that everything I have comes from Your hand.

Lord, I stand in need of a miracle today. I find myself burdened by overwhelming debt that has become a heavy yoke upon my shoulders. But I know that nothing is impossible for You, and I believe in Your promise to hear the cries of Your children and come to their rescue. So, I humbly ask for supernatural debt cancellation in the mighty name of Jesus.

Your Word says in Psalm 37:21, “The wicked borrow and do not repay, but the righteous give generously.” Father, I confess my shortcomings and acknowledge that there have been times when I have mishandled my finances. I repent of any unwise decisions or lack of stewardship. Please forgive me, and grant me the wisdom and discipline to manage my finances in a way that honors You.

Lord, I bring each of my debts before You, from the smallest to the largest. Your Word declares in Psalm 34:4 that You deliver us from all our fears. I confess that I have been fearful and anxious about my financial situation. But I choose to cast all my cares upon You because You care for me (1 Peter 5:7). I trust that You will provide a way where there seems to be no way.

In the name of Jesus, I speak to my debts and declare that they are canceled, nullified, and wiped away by the power of the blood of Jesus. Your Word in Colossians 2:14 says that Jesus canceled the record of debt that stood against us and condemned us. I claim this promise and stand on Your Word, knowing that I am a child of the Most High God, and I am no longer bound by the chains of debt.

Lord, as You canceled the debts of the widow in 2 Kings 4:1-7 and multiplied the oil in her jars, I ask that You also multiply my resources and bless the work of my hands. Open doors of opportunity and lead me to the path of financial freedom.

I pray for divine favor and wisdom as I deal with creditors and financial institutions. Give me the right words to speak and let Your peace guard my heart and mind throughout this process.

Father, I also pray for a heart of generosity. Help me to remember that I am blessed to be a blessing (Genesis 12:2) and to share my resources with those in need. May I be a channel of Your love and provision to others, just as You have been for me.

Thank You, Father, for hearing my prayer. I believe that You are working behind the scenes to bring about a supernatural debt cancellation in my life. I choose to trust in Your perfect timing and to walk by faith and not by sight.

I seal this prayer with the authority given to me as a believer in Jesus Christ, knowing that Your Word does not return void (Isaiah 55:11). I will testify of Your goodness and grace, and all the glory will be Yours, now and forever.

In Jesus’ name, I pray. Amen.

Bible Verses

  1. Colossians 2:14 – “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.”

Explanation: This verse speaks of Jesus’ work on the cross, where He paid the penalty for our sins, including our spiritual debt. Through His sacrifice, He canceled the record of our sins and set us free from the condemnation we deserved.

  1. Isaiah 43:25 – “I, even I, am he who blots out your transgressions, for my own sake, and remembers your sins no more.”

Explanation: God, out of His great love and mercy, promises to forgive and forget our sins. When we repent and seek forgiveness, He cancels the debt of our transgressions, wiping them away as if they never existed.

  1. Matthew 6:12 – “And forgive us our debts, as we also have forgiven our debtors.”

Explanation: In the Lord’s Prayer, Jesus teaches us to ask for forgiveness of our debts (sins) as we forgive others who have wronged us. This verse emphasizes the importance of forgiveness and the reciprocal nature of God’s grace.

  1. Psalm 103:12 – “as far as the east is from the west, so far has he removed our transgressions from us.”

Explanation: When God forgives our sins, He separates them from us to an immeasurable distance, emphasizing the completeness of His forgiveness and the removal of our debts.

  1. Matthew 18:27 – “The servant’s master took pity on him, canceled the debt, and let him go.”

Explanation: In the Parable of the Unmerciful Servant, Jesus illustrates God’s mercy by showing how the master canceled the massive debt of his servant. This story highlights the magnitude of God’s forgiveness and the importance of showing mercy to others.

  1. Jeremiah 31:34 – “For I will forgive their wickedness and will remember their sins no more.”

Explanation: This verse reiterates God’s promise of complete forgiveness, assuring us that He not only cancels our debt of sin but also chooses not to bring it to mind again.

  1. Luke 4:18 – “The Spirit of the Lord is on me because he has anointed me to proclaim good news to the poor. He has sent me to proclaim freedom for the prisoners and recovery of sight for the blind, to set the oppressed free.”

Explanation: In this verse, Jesus reads from Isaiah’s prophecy, proclaiming His mission to bring freedom to those who are spiritually captive. This includes canceling the debt of sin and delivering people from its oppressive hold.

  1. Psalm 32:1 – “Blessed is the one whose transgressions are forgiven, whose sins are covered.”

Explanation: The psalmist acknowledges the blessedness of those whose sins are forgiven and their debt is covered by God’s grace.

  1. Romans 6:23 – “For the wages of sin is death, but the gift of God is eternal life in Christ Jesus our Lord.”

Explanation: This verse highlights the consequence of sin, which is spiritual death. However, God offers the gift of eternal life through Jesus, canceling the debt of sin and offering us salvation.

  1. Matthew 11:28 – “Come to me, all you who are weary and burdened, and I will give you rest.”

Explanation: While not explicitly referring to debt cancellation, this verse invites those who are burdened with sin and the weight of life’s struggles to come to Jesus for rest and relief. In turning to Him, we find forgiveness and freedom from the debts that weigh us down.

Tips on Debt Cancellation

Debt cancellation is a challenging and often complex process, but with careful planning and determination, it is possible to work towards becoming debt-free. Here are some tips to help you on your journey towards debt cancellation:

  1. Assess Your Debt: Start by making a comprehensive list of all your debts, including credit card balances, loans, and any other outstanding obligations. Knowing the total amount of debt you owe is essential for creating a clear strategy.
  2. Create a Budget: Develop a realistic budget that includes all your income and expenses. Focus on cutting unnecessary expenses and redirecting that money towards debt repayment.
  3. Prioritize Debts: Identify the debts with the highest interest rates and focus on paying those off first. This approach, known as the debt avalanche method, saves you more money in the long run compared to paying off low-interest debts first.
  4. Negotiate with Creditors: Reach out to your creditors and try to negotiate better terms, such as reduced interest rates or a repayment plan that better suits your financial situation.
  5. Consider Debt Consolidation: If you have multiple debts, consolidating them into one loan with a lower interest rate might be an option worth exploring. This can simplify your repayment process and potentially save you money on interest.
  6. Increase Your Income: Look for opportunities to boost your income, such as taking on a part-time job, freelancing, or selling items you no longer need. The extra income can be dedicated to debt repayment.
  7. Build an Emergency Fund: While it might seem counterintuitive to save money while in debt, having an emergency fund can prevent you from falling further into debt when unexpected expenses arise.
  8. Avoid New Debt: Commit to not taking on any new debt while you work towards paying off your existing obligations. Avoid using credit cards for non-essential purchases.
  9. Stay Motivated: Debt cancellation takes time and discipline. Keep yourself motivated by celebrating small victories and tracking your progress. Set achievable goals and reward yourself as you reach them.
  10. Seek Professional Help if Necessary: If you find yourself overwhelmed by debt or struggling to create a viable plan, consider seeking help from a financial advisor or credit counseling service. They can offer personalized guidance and support.
  11. Stay Persistent: Debt cancellation can be a long and challenging journey, but don’t lose hope. Stay persistent and stay committed to your goal. Celebrate your progress and remember that each step forward brings you closer to financial freedom.
  12. Prayer and Seek God’s Guidance: Begin by seeking God’s guidance through prayer. Lay your financial burdens before Him and ask for wisdom in managing your finances. Trust that God hears your prayers and will provide direction.
  13. Honor God with Your Finances: Recognize that all you have belongs to God. Strive to manage your finances in a way that honors Him, avoiding unwise spending and debt accumulation.
  14. Seek Biblical Financial Wisdom: Study what the Bible says about money and financial stewardship. Proverbs, in particular, is a rich source of wisdom on handling money, avoiding debt, and seeking God’s provision.
  15. Practice Contentment: Cultivate a heart of contentment and gratitude. Be thankful for what you have and avoid falling into the trap of materialism, which can lead to unnecessary debt.
  16. Tithing and Giving: Faithfully tithe and give offerings as an act of obedience and trust in God’s provision. While it may seem counterintuitive, honoring God with your finances can bring blessings and help you manage debt.
  17. Avoid Debt Whenever Possible: Proactively avoid taking on new debt unless absolutely necessary. Living within your means and saving up for major purchases can prevent unnecessary debt.
  18. Use Cash or Debit Cards: Consider using cash or debit cards instead of credit cards to avoid the temptation of overspending and accumulating high-interest debt.
  19. Create a Debt Repayment Plan: Develop a realistic plan for paying off your debts. Prioritize them based on interest rates or other factors and commit to making regular, consistent payments.
  20. Financial Accountability: Consider seeking an accountability partner or joining a financial accountability group at your church. Sharing your financial goals with someone else can provide encouragement and support.
  21. Trust in God’s Provision: Remember that God is your provider and He cares about your financial well-being. Trust in His promises and seek His guidance in every financial decision.
  22. Avoid Get-Rich-Quick Schemes: Be cautious of schemes or investments that promise quick and easy wealth. Seek wise financial counsel and remember that true wealth is found in a life devoted to God.
  23. Practice Patience and Perseverance: Debt cancellation may take time and effort. Be patient and persevere in your financial journey, trusting that God is with you every step of the way.


In conclusion, this prayer for supernatural debt cancellation reflects the heartfelt plea of someone burdened by financial struggles. It acknowledges past mistakes, seeks forgiveness, and asks for wisdom in managing finances better. The person’s faith in God’s power and promise is evident throughout the prayer, as they boldly claim debt cancellation through the blood of Jesus and trust in God’s provision and favor.

The prayer draws upon biblical references to highlight God’s faithfulness in delivering His people from difficult situations. It emphasizes the desire to be a channel of God’s love and generosity to others, even in times of personal need.

The individual praying demonstrates a deep reliance on God’s sovereignty and perfect timing, expressing a willingness to surrender control and walk by faith. It is a prayer of hope and belief that God is listening and will answer according to His divine will.

While this prayer may not guarantee an immediate resolution to financial challenges, it serves as an expression of trust in God’s goodness and a reminder that He is present in times of difficulty. Through this prayer, the person seeks not only debt cancellation but also spiritual growth, relying on God’s guidance and grace in every aspect of life.

Ultimately, this prayer for supernatural debt cancellation is a testament to the power of faith, prayer, and reliance on God’s promises. It encourages the person praying and others to persevere in seeking God’s provision and trusting in His faithfulness regardless of the circumstances.

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