In Colossians 2, Paul warns the churches at Colossae and Laodicea against any philosophy or system of beliefs—specifically mentioning “the tradition of men”—that detracts from Christ's sovereign position and role under the Father (verses 4, 8-9). He points out that the brethren there were already “complete in Him” (verse 10). This does not mean that they had already achieved spiritual perfection or that their salvation was assured, but that they had no need of anything supplementary to what was already available in Christ.

This foundational principle answers a suggested fulfillment of the Day of Atonement (Yom Kippur). That is, some Bible students hold that the Day of Atonement cannot be fulfilled until Satan (the alleged antitype of the azazel goat on whose head sins were laid; Leviticus 16:21) is bound (Revelation 20:1-3). However, if these Colossians were still awaiting Satan's binding before their sins were completely removed from view, how could the apostle write that they were already “complete” in Christ? On the contrary, those who come under Christ's blood are not awaiting the final resolution of their transgressions when Satan is bound; their previous sins have already been completely taken care of.

Paul continues:

And you, being dead in your trespasses and the uncircumcision of your flesh, He has made alive together with Him, having forgiven you all trespasses, having wiped out the handwriting of requirements that was against us, which was contrary to us. And He has taken it out of the way, having nailed it to the cross. (Colossians 2:13-14)

Notice the definitive wording. There is no hint here—or anywhere else—that God's people are awaiting Satan's binding so their sins can finally be expiated. “The wages of sin is death” (Romans 6:23), and those wages have already been paid in full. Therefore, we are alive in Christ now, and not waiting for an imagined final payment on the debt when Satan is bound.

The phrase “having wiped out the handwriting of requirements” in Colossians 2:14 is often misinterpreted as meaning that God's law has been done away, yet in the Greek sentence structure, it is parallel with “having forgiven you all trespasses.” The “handwriting of requirements” is the written record of violations against God's ordinances. Paul says that this “handwriting”—the record of sins, not the laws—was expunged, reiterating that our sins have been forgiven. Other translations say He “erased,” “blotted out,” or “destroyed” it. The record is completely obliterated, in God's reckoning.

Verse 14 says that Christ has “taken it out of the way.” Strong's Concordance states that the Greek word for “taken,” airo, means “to lift up; by implication, to take up or away; . . . by Hebraism to expiate sin.” It means the same as the Hebrew word used for “bearing” in Leviticus 16:22, nasa' (Strong's #5375).

In addition, airo is in the perfect tense, indicating action completed in the past. The live goat lifts up, carries, and takes away the sins placed on its head by the high priest (Leviticus 16:21-22). In Colossians, Christ is declared to have lifted up, taken away, and expiated the record that was against us—an exact match to what is said about the goat of departure.