✞ 9 Divine Ways to Cancel Debt ✞


A psalm for debt cancellation is a prayerful passage from the Book of Psalms in the Bible that is recited or meditated upon with the intention of seeking relief from financial burdens and debts. This sacred text is believed to hold the power to invoke divine intervention and assistance in resolving financial struggles and achieving a state of financial freedom. By earnestly engaging with this psalm through prayer and reflection, individuals may find solace, hope, and guidance in their journey towards debt cancellation and financial stability.

Prayer for Debt Cancelation Relief

Dear Lord, we come before You burdened by debt and financial stress. Grant us Your mercy and favor to cancel these debts in accordance with Your will. Release us from the weight of owing others. Provide us with wisdom to manage our finances obediently. Amen.

Prayer for Debt Cancellation

Holy Father, I humbly come before You, seeking Your divine intervention in canceling my debts.
Grant me financial freedom and wisdom to manage my resources.
Thank You for Your provision and grace.

“And my God will supply every need of yours according to his riches in glory in Christ Jesus.”
Philippians 4:19

Trusting God for Financial Breakthrough

O Father, provider of all our needs, we come before You with hearts full of faith, trusting in Your abundant provision.
Grant us a financial breakthrough, that we may glorify Your name through wise stewardship.

“Therefore do not be anxious, saying, ‘What shall we eat?’ or ‘What shall we drink?’ or ‘What shall we wear?’ For the Gentiles seek after all these things, and your heavenly Father knows that you need them all. But seek first the kingdom of God and his righteousness, and all these things will be added to you.”
Matthew 6:31-33

Seeking Wisdom in Financial Decisions

Holy Father, grant me the wisdom to make sound financial decisions.
Guide me to use my resources wisely and to seek Your will in all my financial endeavors.

“Honor the Lord with your wealth and with the firstfruits of all your produce; then your barns will be filled with plenty, and your vats will be bursting with wine.”
Proverbs 3:9-10


Declaring Freedom from Debt

O Father, release us from the burden of debt that weighs heavy on our hearts.
Grant us financial freedom and wisdom to manage our resources wisely.
May we walk in abundance and generosity, free from the chains of debt.

The wicked borrows and does not repay, but the righteous shows mercy and gives.

Psalm 37:21

Supernatural Provision for Debt Payment

O Father, in Your abundant grace, provide supernatural provision for the repayment of debts.
Let Your blessings overflow, clearing all financial burdens.
Grant wisdom to manage resources and faith to trust in Your divine provision.

“Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this,” says the Lord Almighty, “and see if I will not throw open the floodgates of heaven and pour out so much blessing that there will not be room enough to store it.”
Malachi 3:10

Breaking Hindrances to Debt Cancellation

Holy Father, I come before You seeking Your divine intervention to break all obstacles preventing the cancellation of debts.
May Your abundant grace and favor pave the way for financial freedom and release from burdens.

See, I am doing a new thing! Now it springs up; do you not perceive it? I am making a way in the wilderness and streams in the wasteland.

Isaiah 43:19


Forgiveness for Financial Mistakes

Holy Father, I humbly come before You seeking forgiveness for the financial mistakes I have made.
Grant me wisdom to make better decisions and the strength to learn from my errors.

If any of you lacks wisdom, you should ask God, who gives generously to all without finding fault, and it will be given to you.

James 1:5

Financial Abundance through God’s Provision

Our Father, we humbly come before You, trusting in Your divine provision for financial abundance.
Bless us with wisdom to steward Your gifts well and faith to believe in Your endless blessings.

“Now to him who is able to do immeasurably more than all we ask or imagine, according to his power that is at work within us.”
Ephesians 3:20

Praying for Debt-Free Living

Our Father, release us from the burden of debt.
Provide us with wisdom and resources to live freely and abundantly.
May your grace guide us towards financial freedom.

And God is able to bless you abundantly, so that in all things at all times, having all that you need, you will abound in every good work.

2 Corinthians 9:8


Key Prayer Points

  1. Pray for God’s provision and financial wisdom for those struggling with debt.
  2. Pray for a spirit of discipline and self-control in managing finances.
  3. Pray for opportunities for increased income and financial blessings.
  4. Pray for God’s favor and grace in negotiating and settling debts.
  5. Pray for peace of mind and freedom from the burden of debt.
  6. Pray for faith to trust in God’s faithfulness to provide for all needs.
  7. Pray for a testimony of God’s faithfulness in debt cancellation.