What happened during the year of Jubilee?

The year of Jubilee occurred every 50th year and was a year of new beginnings for Israel. All debts were cancelled, all property reverted to its original owner, and many prisoners were released. Although God's law prescribed it, Israel never practiced it.

Les explains that a Jubilee was 50 years, and every 50th year was called the year of Jubilee. According to God's law when He first began dealing with the nation of Israel, the year of Jubilee was the year of new beginnings. In that year all debts were cancelled, all property reverted back to the original owner, and a lot of prisoners would be released. Les notes that it looked real good, but Israel as far as he knows never practiced it. In the surrounding discussion, he mentions that some scholars, such as Grant Jeffreys in Armageddon and Appointment with Destiny, base figures on the Jubilee period and see God's program as set in a 7,000-year timeframe.

What was the year of Jubilee in God's law to Israel?

In God's law to Israel, the year of Jubilee was the fiftieth year—a year of new beginnings. All debts were cancelled, property reverted to its original owner, and prisoners were released. It was a recurring fiftieth-year observance, though Israel did not practice it.