There was a certain creditor which had two debtors: the one owed five hundred pence, and the other fifty. And when they had nothing to pay, he frankly forgave them both. – Luke 7:41,42
This is a fair picture of the Grace of God! When a poor bankrupt sinner comes to Him, He says, “I forgive you freely—your offense is all gone. I do not want you to earn a pardon by your tears, prayers and anguish of soul. You have not to make Me merciful, for I am already merciful and My dear Son, Jesus Christ, has made such a propitiation that I can be just and yet can forgive you all this debt. Therefore, go in peace.” Furthermore, this debt was fully discharged. The creditor did not say, “Come, my good fellow, I will take 50 percent off the account if you find the remainder.” As they had nothing with which to pay, they would not have been a bit the better if he had reduced them 90 percent! If he had reduced the debts by half, the one would have owed 250 and the other 25, but their cases would have been hopeless, since they had not a farthing of their own.
Now the Lord, when He blots out His people‘s sin, leaves no trace of it remaining. My own persuasion is that when our Lord Jesus died upon the Cross, He made an end of all the sins of all His people and made full and effectual atonement for the whole of those who shall believe in Him. All the sin of Believers has been, once and for all, carried into the wilderness of oblivion by our great Scapegoat and none shall ever find a sin with which to condemn one soul of the chosen band. There is no debt left against a Believer—no, not one single pennyworth of debt remains upon the score! Does not the Spirit of God Himself ask the question, “Who shall lay anything to the charge of God‘s elect? “The Lord has frankly forgiven their debt, and He has not done so in part, but as a whole.
He Hath Said 