Owed . . Paid

Panic is about a debt owed.

Grace is about a debt paid.

For every believer in Christ:

You were dead because of your sins and because your sinful nature was not yet cut away. Then God made you alive with Christ, for he forgave all our sins. He canceled the record of the charges against us and took it away by nailing it to the cross. (Colossians 2:13-14, NLT)