Allah Taala wants His servants to live a happy life in both the worlds and Rasolallah Sallallaho Alaihi wasallam has provided treasures to make our lives prosperous.
My Shaikh Hazrat Maulana Hakim Muhammad Akhtar Sb damat barakatuhum used to quote the event of Khizar A.S and Musa A.S. where they built a broken wall of two young orphans and mentions the reason as their father was a pious person. He used to ponder that when Allah swt takes care of the worldly affairs of the descendants of His pious person, how much will He care for the very person who becomes pious.
Having said this, debt is not something admirable but at times becomes unavoidable. But Rasolallah Sallallahoalaihiwasallam has taught us to repay the debts as soon as possible. The importance of early debt repayment can be observed by the fact that once Rasolallah Sallallahoalaihiwasallam did not offer the Janaza of a person who took loans and did not leave enough assets to repay his loans.
On many occasions, a person becomes unable to repay his debts despite trying his best. Rasolallah Sallallahoalaihiwasallam has taught us supplications that takes us out of the debt trap if make a firm stance to repay them come-what-may.
A person should make following supplication as part of his/her frequent supplications which will help repay his/her debt even if they are mountainous.
اللَّهُمَّ اكْفِنِي بِحَلَالِكَ عَنْ حَرَامِكَ ، وَأَغْنِنِي بِفَضْلِكَ عَمَّنْ سِوَاكَ (رواه الترمذي )
He said to him: “Shall I not teach you a supplication which the Messenger of Allah (ﷺ) taught me? It will surely prove so effective that if you have a debt as large as a huge mountain, Allah will surely pay it for you. Say: ‘Allahumm-akfini bihalalika ‘an haramika, wa aghnini bifadlika ‘amman siwaka (O Allah! Grant me enough of what You make lawful so that I may dispense with what You make unlawful, and enable me by Your Grace to dispense with all but You).”
Another treasure is the episode of Hazrat Zubair bin Awam RA. He had a lot of loans in his name which were accumulated because people used to give him their belongings for safekeeping. He would tell them that instead he will give it in charity and will return the money when they need it back. This resulted in a huge debt in Hazrat Zubair RA’s name. At the time of his shahadat, he called his son and asked him to repay all the debts and supplicate to his Lord مولی if he ever faced any difficulty in loan repayments. His son, Abdullah bin Zaid says whenever he finds the repayment difficult he would supplicate using the words “یا مولی الزبیر” “O! Lord of Zubair” and Allah SWT would make the loan repayments easier till a time that all the debt were paid back easily.
When in distress situation to pay back loans, don’t loose hope and supplicate Allah swt as ” یا مولی الزبیر” and request for repayment of loans.
When we have our Lord who loves us and has everything for us in His possession; why should we worry. Its just a matter of turning towards Him and supplicate.