Question: hi I understand if one borrows a credit card from a fellow it is consider a double loan. I’m assuming being a authorized user on a credit card is… Read more »
Category: Loans
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… Read more »
Asking a borrower for my money
Question: Hi 4 years ago I lent someone a lot of money for a period of 10 months. When I ask him 10 months later he told me that he… Read more »
old unpaid loan
Question: What should I do if after 17 years I did not collected a debt ? How do you condone a debt? Answer: My understanding of your question is that… Read more »
Collecting old loan
Question: Shalom, someone has defaulted on a loan of many years ago (25+). I have a digital copy of the IOU with his signature. (Parenthetically, I believe he has put… Read more »
Might owe money
Question: About 20 years ago, I recall a friend of mine borrowing about $100 from my parents. We were both single at the time. I believe that she may have… Read more »
Pressuring recipient of a Gmach
Question: If someone runs a Gmach that has money that belongs to other people (all the money has to be returned eventually). What principles could there be with regard to… Read more »
Shtar for gmach
Question: Can you give me a nussach for a shtar for a money lending gmach with an areiv Kablan? Thank you Answer: Here is a cpoy of a shtar with… Read more »
Forgiving money owed to me
Question: If i know that people owe me money am i able to accept that I don’t care that they owe me assuming that they forgot. Instead of conforting them…. Read more »
Paying General Creditors on Time
Question: I own a wholesale / retail business. Every month, we have to make payments to approx 200 creditors but the reality of a trading business is that there are… Read more »
Collecting owed money
Question: I have a reticent ba’al chov who is shlepping me along and there is iska attached to this loan. I want to prepare myself with adequate documentation in the… Read more »
Who do your pay back first?
Question: Considering that there are numerous people which I owe money to. Does halacha dictate any specific order in which to pay back? Older debts vs New. Large vs small… Read more »
Using Email In Place Of A Shtar
Question: Can one use email as proof of having lent money? I.e. if I lend money to a friend, can I ask him to send me an email from his… Read more »
Requesting Payback Of a Loan
Question: I lent someone money & he said he would pay back in 2 weeks. 2 weeks later he said he needs another 2 weeks. It has been many weeks… Read more »
Money
Question: If someone owes you money and does not want to pay is it permissible to take it from them without their knowledge Answer: Under normal circumstances one must go… Read more »
Israel check – Israeli currency – Ribis
Question: May the lender lend money to the borrower with an Israel check and ask to receive repayment in Israeli currency in Israel? Answer: If the currency received is the… Read more »
Mitsvah to demand a debt from a non Jew
Question: Hello, there is the Mitsvah not to set a non Jew as a king over Jews. Torah in D’varim 17:15 uses the word “Ish-Nokhri”. Rambam explains that “Ish-Nokhri” is… Read more »
Loan Repayment
You have $150. You have to pay your gas bill ($125), electricity bill ($80), you owe your friend money ($100) , and you owe your parents money ($150). You lost… Read more »
Informing of Forgiven Loan
I lent someone a small sum of money and he forgot about the loan. In my heart I forgave the loan, but do I need to inform him of this?… Read more »
Rented Inhaler for Insurance
A friend of my son’s needed an inhaler. He gave us some money for it…afterwards we realized it may be assur to give it to him as the insurance company… Read more »
Paying Inherited Debt
Under what conditions can an inherited debt be refused? (Choshen Mishpat #107) Answer: This question is a little general in nature. The principle is that inheritors are obligated to pay… Read more »
Paying Debt Via Debtor
I owe someone money that I can not afford to pay him. Someone owes me money that will cover the moneys owed. Can I tell the person to whom I… Read more »
Paying Debt Through Third Party
I owe my old baal dira some money and my old job owes me money. Can I tell my baal dira to collect it from my old boss? Answer: Although… Read more »
Keeping Items for Paying Off Debt
My former employers owe me a significant amount of money. In legal documents, through their lawyer, they have acknowledged they owe me the money. They have also made it clear… Read more »
Fake Payslips for Mortgage
Dear Rabbi, Can you please outline the halachic issues with the following request assuming there are problems. Reuven was pre-approved for a mortgage through an Israeli bank at x% interest… Read more »
Borrower Crashed the Car
Our office arranges leases of cars for certain employees, but all employees are covered by the insurance policy. The policy states that for one accident in 3 years the driver… Read more »
Paying Old Debt
Many years ago i once took a loaf of bread from a makolet before it opened as the bread was outside. I cant remember if I ever went back to… Read more »
Receiving Points from Credit Card Loan
If I lend someone my credit card and I get points for the money he spends, is that ribis. Thank you. Answer: No, this is not ribis, because the points… Read more »
Paying Shekel Loan in Dollars
My late mother-in-law owned an apartment here, which we (the children) sold, and divided between us. My brother in chu’l has no use for the shekalim, but wants us to… Read more »
Funding for College Withheld
Went to a Jewish college for 3 years, earned a BA got government funding. College refuses to give me my degree and transcripts because they claim that the government took… Read more »
Mortgage on Wife’s Property
If a wife inherits an apartment building, can the husband take out a mortgage for use other then improving the building , for example, to play the stock market or… Read more »
Changing Creditor
Status disclaimer: I think my mother is Jewish but I have no proof sufficient for me to seek recourse to any Jewish help with this issue. Problem: I have U.S…. Read more »
Standard Form for Loan
A friend asked to borrow money. Please let me know if you have a standard form which I can use so that there is a written record of the loan… Read more »
Loan in Converted Euros
Good morning I filled a Eurocard to the value of 300 euros paying about 12.57 South African rands per euro. The bank has a condition that if one reconverts what’s… Read more »
Gemach Money Lost in Investments
L’chvod Harabanim Hachashuvim Shlit”a, I run a gemach mostly based on deposits with a small amount of donations. I invested money from the gemach to try to make money for… Read more »
Collecting Debt from Collateral
We are learning about taking a משכון and my students wanted to know, at what point can the lender keep the משכון? Also does it make a difference if, even… Read more »
Promissory Note for Loan
Shalom. How do I word a shtar of a non interest loan that I will lend to a friend x amount and he will repay Y amount each month until… Read more »
Borrowed Car Seat
Someone borrowed a car seat from our car seat gemach, probably about/over a month ago, and hasn’t returned it yet. They gave us a deposit (cash, so we don’t have… Read more »
Took Loan and then Converted
A shailo that came up today that I think is rather pashut but maybe there is something I’m missing. If a person took a loan from a Jew when he… Read more »
Cancelling a Check Commitment
Some years ago I took over a registered company from a friend who was not using it. Through this company I was able to save a substantial amount of tax… Read more »
Claiming Father’s Debt
Dear Sir(s), My parents loaned my sister and brother-in-law over $200K, interest free, back in 1993 to purchase their new home. They made initial payments on the loan, but as… Read more »
Forgotten Owner of Borrowed Slides
Many years ago I borrowed slides for a presentation from a doctor of whom I have no recollection of. I was supposed to return them and I never did. there… Read more »
Borrowing Money with Witnesses
cheap ray bans longchamp sale A friend of mine wants to borrow a large sum of money. What is the halachic way to do this? Do I need witnesses see… Read more »
Cosigning a Debt
When someone co-signs on a loan what is he doing essentially? What does this mean if the time comes to pay the loan and the borrower doesn’t have the money… Read more »
Returning cost of phone call
I rent office space from another Yid. He uses his office on certain days and I on differnt days. We each have our own telephone lines. On a day I… Read more »
Liens on Cars
Thanks for answering my previous question. Another question that we have in our Shulchan Aruch shiur is the case of a Lien: We are learning Choshen Mishpat and we are… Read more »
Claiming Debt from Yeshiva
Please enlighten me with a response as to what is the Halacha and best way to procede. I worked for a major Yeshiva for the past 7.5 years. Due to… Read more »
Personal Bankruptcy
Question: If a person experiences difficult financial times and begins to fall behind in his/her credit card payments. Is it halachally permissible to declare personal bankruptcy? Thanks Answer: It would… Read more »
Timing of the Repayment of A Deposit “Loan”
Question: One has an agreement which may be renewed on a yearly basis for services rendered and payments are made for those services per the agreement. With the commencement of… Read more »
Forgot Pruzbul
Question: If I forgot to write a pruzbul am I permitted to collect my loan if the borrower is willing to pay me back? Answer: There is a minority opinion… Read more »