Colossians 2:12-14

Amplified Bible

¹²having been buried with Him in baptism and raised with Him [to a new life] through [your] faith in the working of God, [as displayed] when He raised Christ from the dead. ¹³When you were dead in your sins and in the uncircumcision of your flesh (worldliness, manner of life), God made you alive together with Christ, having [freely] forgiven us all our sins, ¹⁴having canceled out the ^[a]certificate of debt consisting of ^[b]legal demands [which were in force] against us and which were hostile to us. And this certificate He has set aside and completely removed by nailing it to the cross.

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Footnotes

Colossians 2:14 This term refers to a debtor’s handwritten note acknowledging the debt.
Colossians 2:14 I.e. the requirements found in the Mosaic Law which were violated. The debt is the punishment due for the violator’s sins. Gentiles were never directly liable to the Law, but as Paul explains in Rom 2:12-16, God holds them responsible for violating the principles of the Law that they acknowledge of their own volition.