Colossians 2:14 – “…by canceling the record of debt that stood against us with its legal demands. This he set aside, nailing it to the cross.”
This verse is sometimes interpreted to be saying God’s law was nailed to the cross and therefore abolished. Plain reading of the previous verse and first part of the sentence clears this up.
“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 [record of debt] he set aside, nailing it [the record of debt] to the cross.” (Colossians 2:13-14)
All charges have been dismissed. The record of a believer’s trespasses was nailed to the cross, not the law.