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Colossians, Chapter Two, Lesson Three

REMINDING THE FLOCK            Page 4

V.14 ** That, of course is wonderful, but did we really owe something simply because we are sinners?

Yes! We had a "certificate of debt".

That phrase literally means "something written with the hand", or "an autograph". It was used to refer to a certificate of indebtedness handwritten by the debtor in acknowledgment of his debt.

There is a great song which states, "He paid a debt He did not owe, I owed a debt I could not pay. I needed someone to wash my sins away".

** What did that debt look like, was it just a general reality that I missed the mark of God's glory?

Absolutely not! It was a specific list "consisting of decrees against" me.
cf. Matthew 12:36, Revelation 20:12

** Where these decrees kind of neutral in their presentation against our character?

No they were "hostile to us". We were our own worst enemy!

** Twice in this verse, Paul proclaims the same great news but in a different way. What is the good news regarding our debt?

1) It has been canceled - Romans 6:23
2) He has taken it out of the way - Psalm 103:12

** Before leaving verse 14, we must examine how this wonderful transaction took place. Where did God place our certificate of debt?

"...having nailed it to the cross".

We are all familiar with 2Corinthians 5:21 where "He made Him who knew no sin to be sin on our behalf, that we might become the righteousness of God in Him". When those nails pierced our Lord's hands and feet, they were literally nailing our sin to that cross through the substitution of the Lamb of God which takes away the sins of the world.

V.15 ** We do not always appreciate the spiritual ramifications of that moment in history. What did God accomplish by placing His Son on the cross?

He "disarmed the rulers and authorities" in the heavenly places.
cf. Ephesians 6:12, 1John 3:7-8

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