Tagged Questions
8
votes
1answer
99 views
What happens if you borrowed money and the currency became worthless?
In Israel in the late 70s early 80s the currency (Lira) became worthless. Suppose one day the American dollar would become worthless, and one owes another $1,000,000- would the borrower just pay back ...
3
votes
1answer
93 views
Receiving money for a day's work, considering it to cover a debt?
I will pose this general question by presenting the following scenario:
Reuvan works for Shimon. One time, at the end of the day, when Shimon came to pay Reuvan for that day's work (which was $100.), ...
14
votes
2answers
153 views
Does Jewish Law Recognize Bankruptcy?
If someone borrowed money and then declared bankruptcy, does he still have a halachic obligation to pay it back?
If the lender was a corporation (bank, etc.).
If the lender was a friend.
Do we say ...
3
votes
2answers
82 views
Am I allowed to use borrowed money for something else?
Reuven goes to his good friend Shimon and tells him that he needs $10,000 for X. Shimon naturally agrees. Reuven then realizes that he needs the money for Y instead.
Is Reuven allowed to use the ...
15
votes
3answers
292 views
Can I lend out a Library Book?
I just borrowed a wonderful book from the local library (let's assume Jewish library - but does it matter?). My friend sees the book and wants to read it. My library lets me keep the book for a week, ...
