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Seventh-day Adventism Refuted:

The Book of Colossians and the Christian’s Record of Debt
  

Colossians 2:13-17 “And you, who were dead in your trespasses and the uncircumcision of your flesh, God made alive together with him, having forgiven us all our trespasses, by canceling the record of debt that stood against us with its legal demands. This he set aside, nailing it to the cross. He disarmed the rulers and authorities and put them to open shame, by triumphing over them in him. Therefore let no one pass judgment on you in questions of food and drink, or with regard to a festival or a new moon or a Sabbath. These are a shadow of the things to come, but the substance belongs to Christ.”

“The law of God shows us the sinfulness of mankind and demands death as the punishment. It is like a book that records sinners' debts, then demands their death because they cannot pay those debts. But God forgave the sins and wiped out the debts, because Christ paid the full penalty on behalf of repentant sinners. He destroyed the power of the law—as if he took that book with its record of sins and debts and nailed it to the cross with himself. Therefore, believers need no longer fear the power of the law (Colossians 2:14). Nor need they fear the power of the spiritual forces of evil, for Christ has conquered them, taken away their power and displayed his victory over them (Colossians 2:15).” [1]

“Colossians 2:13-14. Before a person is liberated to this new life in Christ, he is dead in his sins and in his sinful nature (cf. earthly nature: Colossians 3:5; old self: Colossians 3:9). Death means separation, not annihilation. Even the unsaved still bear the image of God (Genesis 9:6; James 3:9), but they are separated from God. Cut off from spiritual life, they still have human life. But now God made you alive with Christ (cf. Ephesians 2:1-6). The same "power" (energeias; cf. "energy" in Colossians 1:29) that raised Christ from the dead (Colossians 2:12) resurrects believing sinners to spiritual life (Colossians 2:13).

This new life came when God forgave us all our sins for He canceled the written code. Before God's written Law, His "written code," people stood condemned (cf. Romans 3:19), so it worked against them and opposed them. But in Christ the Law is fulfilled (Romans 8:2) and done away with (Galatians 3:25; Hebrews 7:12). Legalism is wrong because believers are dead to the Law in Christ. He fulfilled its demands in His life and by His death, and Christians are in Him.

This written code, the Law, was like a handwritten "certificate of debt" (NASB). Since people cannot keep the Law, it is like a bill of indebtedness. So people, unable to pay the debt, are criminals. But Jesus took... away this criminal charge, this certificate of indebtedness, by His death. It is as if He were nailing it to the cross with Him, showing He paid the debt. He wiped the slate clean...

Colossians 2:15-17. By fulfilling the demands of the Law, Christ disarmed the demonic powers and authorities (cf. Colossians 1:16; 2:10), triumphing over them (cf. 2 Corinthians 2:14). As a result believers are delivered from these evil powers which inspire legalistic rules about foods and festivals. No one should judge you by what you eat or drink because Christians are free from the Law's legalistic requirements (such as those in Leviticus 11; 17; Deuteronomy 14). God does not condemn those who eat everything (Romans 14:1-4).

In fact, God says that all foods may be eaten since they were "created to be received with thanksgiving by those who believe and who know the truth" (1 Timothy 4:3). The teaching that forbids this, Paul wrote, is "taught by demons" (1 Timothy 4:1) whom Christ has disarmed (Colossians 2:15). This liberation of believers pertains also to festivals such as a New Moon celebration or a Sabbath Day (cf. Galatians 4:10). Those who would bring Christians under the bondage of the Law make artificial distinctions between the "ceremonial" and "moral" law, and so they say the Sabbath has not passed away.

That this is false can be seen from the following: (1) The Sabbath command is the only one of the Ten Commandments not repeated in the New Testament. (2) The early believers, following Christ's resurrection and appearance on Sunday (Mark 16:1; John 20:1), met on Sundays (Acts 20:7; 1 Corinthians 16:2). (3) The Bible nowhere distinguishes between the so-called "moral" and "ceremonial" laws (this distinction was not made before the 13th century a.d.) (4) This Colossian passage explicitly condemns those who command Sabbath obedience. (5) As Paul put it, the Old Testament Law (including the Sabbath) was only a shadow of the things that were to come. The reality or "substance" (sōma, lit., "body"), however, is to be found in Christ (cf. Hebrews 8:5; 10:1). What the Old Testament foreshadowed, Christ fulfilled (cf. Matthew 5:17; Romans 8:3-4). A "shadow" (skia) is only an image cast by an object which represents its form. Once one finds Christ, he no longer needs to follow the old shadow.” [2]

Having been set free from the bondage of sin through Christ's death, Christians should not get into bondage again by becoming slaves of religious regulations that people want to impose upon them. To make laws to live by is the way of the worldly person, not the way of the Christian. No matter how clever and religious those laws may appear, they will not succeed in controlling the desires of the body (Colossians 2:20-23).

“Because they have died to sin, Christians are not in bondage to things of the world as the Gnostics are. Christians have been raised with Christ to new life in a higher world, where their desires and conduct are like Christ's (Colossians 3:1-2). Through Christ they have life directly in God. In contrast to the Gnostics, they do not try to climb a ladder of countless intermediate spirit beings. Neither the Gnostics nor any other unbelievers can understand this life, because the life is 'in Christ' and therefore is hidden from their view. Its true character will be fully shown on the day when Christ's glory is revealed (Colossians 2:3-4).” [3]

(For further study on "Food and Drink" Leviticus 11; Romans 14:3, 10, 13, 17; Hebrews 9:10; "Feasts and Festivals" Leviticus 23:2; Deuteronomy 16:1-17; Nehemiah 8:9; Psalms 42:4; "New moon" Numbers 28:11; "Sabbath" Leviticus 23:2; Exodus 20:9; 31:17; Galatians 1:6-9; Galatians 4:10-11; Galatians 4:21; Galatians 5:1-4; Hebrews 4:1-12)

References:
1. Concise Bible Commentary: Colossians 2:6-15
2. The Bible Knowledge Commentary: Colossians 2:13-17
3. Concise Bible Commentary: Colossians 2:16-3:4

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