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Relief From Debt (Noble Words From The Book: Al-Kalim at-Tayyib)

Remembrance & Prayers of the Prophet Muhammad (S.A.W) On Debt 

Hadhrat Ali (RA) said that a slave, who had made a contract with his master to pay for his freedom, came to him and said, ''I am unable to fulfil my contract, so help me'' He said, ''Shall l not teach you some words which Allah’s Messenger (S.A.W) taught me, and which even if you had a debt as large as a mountain Allah would pay it for you?'':

اللَّهُمَّ اكْفِنِي بِحَلَالِكَ عَنْ حَرَامِكَ وَأَغْنِنِي بِفَضْلِكَ عَمَّنْ سِوَاكْ

'0 Allah. grant me enough of what You make lawful that I may dispense with what You make unlawful, and make me independent, by Your bounty, of other than You.' 

(At-Tirmidhi narrated it saying,' It is a hasan hadith)

Source: Al-Kalim at-Tayyib The Noble Words By Imam Ibn Taymiyah
Remembrance & Prayers of the Prophet Muhammad (S.A.W) Published by the UK Islamic Academy 

Another dua for payment of debt

Hadhrat Abu Saeed Kudri (R.A.) narrates that once a person mentioned to Prophet Mohammad (SAW.) that he was concerned about his major debts. Prophet Mohammad (SAW.) replied "Shall I not show you those words by saying which Allah will remove your concern and pay your debts?" The person asked "What is it, O Messenger of Allah?" Prophet Mohammad (SAW.) told him to recite the following morning and evening:

اللَّهُمَّ إِنِّي أَعُوذُ بِكَ مِنَ الْهَمِّ وَالْحَزَنِ وَأَعُوذُ بِكَ مِنَ الْعَجْزِ وَالْكَسَلِ وَأَعُوذُ بِكَ مِنَ الْبُخْلِ وَالْجُبْنِ وَأَعُوذُ بِكَ مِنَ غَلَبَةِ الدَّيْنِ وَقَهْرِ الرِّجَالِ

"O Allah I seek refuge in You from worry and grief, I seek refuge in You from hopelessness and laziness, I seek refuge in You from miserliness and cowardice and I seek refuge in You from overwhelming debt and from the force of men".

The person stated that he recited this dua and Allah removed all his worries and debts.

(Abu Dawood)

Source : www.searchtruth.com

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It is our duty to know about the lives of the Prophet and his Companions in order to learn the teachings of Islam. For that purpose many books have been written to elaborate the subject with every possible detail available