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In Matthew 16:19 and 18:18 we are told that whatever is bound in heaven, we can bind on earth and whatever is loosed in heaven, we can loose on earth. The Greek word translated "bind" also means knit, tie and wrap.
Jesus commented on the need for binding evil in Matt 12:29. Jesus explained that we must first bind the strongman before we can plunder his house. When we are facing an evil stronghold in life, we must first use our inherited authority as children of God to bind the evil forces involved. After that, we can loose, or call forth God's plans for restoration.
Jesus said, "I tell you the truth, whatever you bind on earth will be bound in heaven, and whatever you loose on earth will be loosed in heaven. Again, I tell you that if two of you on earth agree about anything you ask for, it will be done for you by my Father in heaven. For where two or three come together in my name, there am I with them" (Matt 18:18-20 NIV)
When we bind something, we declare it unlawful (or evil) based on God's word. Because we stand as co-heirs in Jesus Christ, we have his authority to execute this judgment on the forces of evil (Psalm 149:5-9).