Christ Has Paid All the Debts of His People And Cancelled All the Demands of God's Righteous Law

"How much owest thou unto my lord?"—Luke 16:5.

My soul, if this question, which the unjust steward put to his lord's debtors, was put to thee concerning that immense debt which hath made thee insolvent for ever, what wouldest thou answer? Never couldest thou conceive the extent of it, much less think of paying the vast amount. A debtor to free grace for thy very being; a debtor to free grace for thy well-being; ten thousand talents, which the man in the parable owed his master(Matthew 18:24), would not be sufficient to reckon up what thou in reality owest thy Lord, for even the common gifts of nature and of providence. But when the calculation goeth on in grace, what archangel shall write down the sum total? To the broken law of God, a bankrupt exposed to the justice of God; to the dreadful penalty of everlasting death; to the fears and alarms of a guilty conscience; to the worm that dieth not; to the accusations of Satan, unable to answer one in a thousand! My soul, how much owest thou unto thy Lord? Are there yet any other outstanding debts? Oh yes, infinitely and beyond all these! What thinkest thou, my soul, of Jesus? How much owest thou to the Father's love in giving; to the Redeemer's love in coming; and to the Holy Ghost in making the whole effectual to thy soul's joy; by which Jesus hath paid all thy debts, cancelled all the demands of God's righteous law, silenced Satan, answered justice; and not only redeemed thee out of the hands of everlasting bondage, misery, and eternal death, but brought thee into his everlasting kingdom of freedom, joy, and glory! Say, say, my soul, how much owest thou unto thy Lord? Oh precious debt! ever increasing, and yet everlastingly making happy in owing. Lord Jesus! I am thine, and thy servant for ever; thou hast loosed my bonds.

Robert Hawker, The Poor Man's Morning and Evening Portions, September 24, Morning

 

That is a given for every person - elect or reprobate.