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Do you have ready made loan shtar.

Question:

Do you have ready made loan shtar.

Answer:

Unfortunately we don’t have any specific text for a shtar, there isn’t that much that you have to know in order to write it. You write for example,  “I Levi Abraham borrowed $1000 from Shimon Israel on Tuesday July 1, 2020. The due date for the loan is December 31, 2020”. Then Levi signs on the shtar. If there are co-signers, they should sign on the bottom of the shtar, that they are guaranteeing the loan.

If the loan involves ribbis, then you would need to sign a heter iska, which you can find over here   https://dinonline.org/2010/02/24/heter-iska/

Best wishes

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