- PAID IN FULL – REDEEMABLE UPON RIGHT TO BEARER
HELL is a LEGAL term for a dungeon, also called “a debtor’s prison.” (Black’s Law, 2nd ed.)
debt – A debt is a sum of money due by contract. It is most frequently due by a certain and express agreement, which fixes the amount, independent of extrinsic circumstances. But it is not essential that the contract should be express, or that it should fix the precise amount to be paid. U. S. v. Colt, 1 Pet. C C. 145, Fed. Cas. No. 14.S39. Standing alone, the word “debt” is as applicable to a sum of money which has been promised at a future day as to a sum of money now due and payable. To distinguish between the two, It may be said of the former that it is a debt owing, and of the latter that it is a debt due.
Whether a claim or demand is a debt or not is in no respect determined by a reference to the time of payment. A sum of money which is certainly and in all events payable is a debt, without regard to the fact whether it be payable now or at a future time. A sum payable upon a contingency, however, is not a debt, or does not become a debt until the contingency has happened. People v. Arguello. 37 Cal. 524. The word “debt” is of large import, including not only debts of record, or judgments,and debts by specialty, but also obligations arising under simple contract, to a very wide extent; and in its popular sense includes all that is due to a man under any form of obligation or promise. Gray v. Bennett, 3 Mete. (Mass.) 522, 520.
“Debt” has been differently defined, owing to the different subject matter of the statutes in which it has been used. Ordinarily, it imports a sum of money arising upon a contract, express or implied. In its more general sense, it is defined to be that which is due from one person to another, whether money, goods, or services; that which one person is bound to pay or perform to another. Under the legal-tender statutes, it seems to import any obligation by contract, express or implied, which may be discharged by money through the voluntary action of the party bound.
Wherever he may be at liberty to perform his obligation by the payment of a specific sum of money, the party owing the obligation is subject to what, in these statutes, is termed “debt.” Kimpton v. Bronson, 45 Barb. (N. Y.) 618. The word is sometimes used to denote an aggregate of separate debts, or the total sum of the existing claims against a person or company.
Thus we speak of the “national debt,” the “bonded debt” of a corporation, etc. Synonyms.
The term “demand” is of much broader import than “debt,” and embraces rights of action belonging to the debtor beyond those which could appropriately be called “debts.” In this respect the term “demand” Is one of very extensive import. In Denny, 2 Hill (N. Y.) 223. The words “debt” and “liability” are not synonymous. As applied to the pecuniary relations of parties, liability is a term of broader significance than debt. The legal acceptance of debt is a sum of money due by certain and express agreement.
Liability is responsibility; the state of one who is bound in law and justice to do something which may be enforced by action. This liability may arise from contracts either express or implied, or in consequence of torts committed. McElfresh v. Kirkendall. 36 Iowa, 226. “Debt” is not exactly synonymous with “duty.” A debt is a legal liability to pay a specific sum of money; a duty is a legal obligation to perform some act. Allen v. Dickson, Minor (Ala.) 120.
The name of a common-law action, which lies to recover a certain specific sum of money, or a sum that can readily be reduced to a certainty. 3 Bl. Comm. 154; 3 Steph. Comm. 461; 1 Tidd. Pr. 3. It is said to lie in the debet and detinet, (when it is stated that the defendant owes and detains.) or in the detinet, (when it is stated merely that he detains.) Debt in the detinet for goods differs from detinue, because it is not essential in this action, as in detinue, that the specific property in the goods should have been vested in the plaintiff at the time the action is brought. Dyer, 246.
SIN & DEBT
In the Bible, sin and debt are synonymous.
It is certainly the case that sin and death operate like debt in our lives – but it is not God who drives this frightful burden. More vaguely, the creditor is most often described as “sin” itself, or “death” itself, as though these were independently existing things.
1. The voluntary departure of a moral agent from a known rule of rectitude or duty, prescribed by God; any voluntary transgression of the divine law, or violation of a divine command; a wicked act; iniquity. sin is either a positive act in which a known divine law is violated, or it is the voluntary neglect to obey a positive divine command, or a rule of duty clearly implied in such command. sin comprehends not action only, but neglect of known duty, all evil thoughts purposes, words and desires, whatever is contrary to God’s commands or law. 1 John 3:4. Matthew 12:31. James 4:17. Sinner neither enjoy the pleasures of nor the peace of piety.
Sin Tax – An ad valorem tax or flat tax levied on services and goods that are considered to be morally or physically harmful such as alcohol, cigarettes and gambling. (Black’s Law 2nd)
So basically, you get taxed for doing wrong.
Believer – n. One who believes; one who gives credit to other evidence than that of personal knowledge. 1. In theology, one who gives credit to the truth of the scriptures, as a revelation from God. In a more restricted sense, a professor of christianity; one who receives the gospel, as unfolding the true way of salvation, and Christ, as his Savior.
Redeem – To buy back. To liberate an estate or article from mortgage or pledge by paying the debt for which it stood as security. To repurchase in a literal sense; as, to redeem one’s land from a tax-sale. (Black’s Law 1st)
Redeemable – . 1. Subject to an obligation of redemption; embodying, or conditioned upon, a promise or obligation of redemption; convertible into coin; as, a “redeemable currency.” 2. Subject to redemption; admitting of redemption or repurchase; given or held under conditions admitting of reacquisition by purchase; as, a “redeemable pledge.” (Black’s Law 1st)
Redeemable Rights – Rights which return to the conveyor or disposer of land, etc., upon payment of the sum for which such rights are granted. (Black’s Law 1st)
Redemption – A repurchase; a buying back… The liberation of a chattel from pledge or pawn, by paying the debt for which it stood as security. Repurchase of notes, bills, or other evidences of debt, (particularly bank-notes and paper-money,) by paying their value in coin to their holders. (Black’s Law 1st)
Redeem – v.t. [Latin redimo; red, re, and emo, to obtain or purchase.]
–To purchase back; to ransom; to liberate or rescue from captivity or bondage, or from any obligation or liability to suffer or to be forfeited, by paying an equivalent; as, to redeem prisoners or captured goods; to redeem a pledge.
–To repurchase what has been sold; to regain possession of a thing alienated, by repaying the value of it to the possessor.
–To rescue; to recover; to deliver from. The mass of earth not yet redeemed from chaos.
–To free by making atonement. Thou hast one daughter who redeems nature from the general curse.
–To save. He could not have redeemed a portion of his time for contemplating the powers of nature.
–To perform what has been promised; to make good by performance.
He has redeemed his pledge or promise.
In law, to recall an estate, or to obtain the right to re-enter upon a mortgaged estate by paying to the mortgagee his principal, interest, and expenses or costs.
In theology, to rescue and deliver from the bondage of sin and the penalties of God’s violated law, by obedience and suffering in the place of the sinner, or by doing and suffering that which is accepted in lieu of the sinner’s obedience. Christ hath redeemed us from the curse of the law, being made a curse for us. Galatians 3:13. Titus 2:14.)
Redeemer – n. 1. One who redeems or ransoms. 2. The Savior of the world, a.k.a. JESUS CHRIST.
(Note: God’s violated law is the respect of persons. To be redeemed in law from this violation and from the bondage of sin (person-hood) is the goal of the follower of Christ’s teachings. But they must declare this in the redemption process. Redemption is to “deliver us from evil” of demonic possession, meaning, inasmuch, to deliver us from the PERSON.)
–from Temple of Light & Life, “Earn Your Wings Manuel”