What are the biblical origins of the Jubilee celebration?

The origins of the Jubilee celebration are found in the book of Leviticus chapter 25. In Leviticus chapter 25, we see where God gives the Children of Israel instructions on how to conduct business in the land of Canaan, the nation that they are journeying to. As a general rule, every 50 year period will have a total of 42 years of sowing, reaping, and harvest, a total of 7 years of rest, and then on the 50th year, Hebrew creditors were to cancel all debts. Furthermore, the Hebrew heads of household were to release all indentured servants, and creditors who were also landowners were to return any land or possessions to people who had them taken from them as payment for a default on a loan (Leviticus 25:10).

The Jubilee is a representation of the communal heart of God in relation to the well-being of people.