The legal record of debt for our sin was canceled because Jesus satisfied the legal demands for us by his life, death, and resurrection.
Waiting and Fulfillment and Surprise
In Advent we wait, in Christmas we rejoice over the coming of Christ in the fulfillment of the promises, and in Epiphany we celebrate the surprise, the manifestation of Christ to the Gentiles.
God's Plan for Your Life: Reflections on Jeremiah 29
God has in fact executed his plans for his people, plans of peace (probably a better translation than welfare), a future, and a hope in Jesus Christ.