“Blotting out the handwriting of ordinances that was against us, which was contrary to us, and took it out of the way, nailing it to his cross;”
King James Version (KJV)
2:14 Having blotted out - in consequence of his gracious decrees, that Christ should come into the world to save sinners, and that whosoever believeth on him should have everlasting life. The handwriting against us - Where a debt is contracted, it is usually testified by some handwriting; and when the debt is forgiven, the handwriting is destroyed, either by blotting it out, by taking it away, or by tearing it. The apostle expresses in all these three ways, God's destroying the handwriting which was contrary to us, or at enmity with us. This was not properly our sins themselves, (they were the debt,) but their guilt and cry before God.
Col 2:14 Blotting out the handwriting of the ordinances. "The bond" (Revised Version). That is, the written law of ordinances; the law of Jewish rites. This was "blotted out", erased, removed. Which was contrary to us. "Against us" (Revised Version). Especially in the sense that they made Gentiles aliens and strangers to the covenant, and without God and hope. Nailing it to his cross. When the Jews nailed Jesus to the cross they drove the nails into their own law. The old dispensation was ended; the blood of the new covenant was shed from the wounds of the nails.