Can God love?

[SteveII]

Forgiveness =/= justice.
Forgiveness =/= holiness. 
Forgiveness =/= consequences erased.

Yes i understand that,  but god is in full control of and indeed IS all those things  all these things isn't he ?
So, the question remains, why not simply forgive the sin and the debt, what could be owed to a god that has everything ?

No, you are not understanding. Holiness and Justice are part of the nature of God and cannot be set aside--even by him. Sin has consequences affecting these attributes. The consequences must be dealt with--satisfying a requirement, which is not the same as an act of God's will (as forgiveness is).