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Is Bankruptcy Valid as Minhag Hamakom?  

Rav Yitzchok Grossman, Rosh Kollel of Greater Washington and Dayan at the Bais HaVaad   Question:  Previously we discussed whether bankruptcy laws are valid because of the rule of dina d’malchusa dina. What about the concept of minhag hamakom? Does…

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Bankruptcy in Halacha

Rav Yitzchok Grossman, Rosh Kollel of Greater Washington and Dayan at the Bais HaVaad   Question: According to modern law, a debtor who can’t pay back his debt can file for bankruptcy, which allows him flexibility to pay off debts.…

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Does Yei’ush Apply to Loans? 

Rav Yitzchok Grossman, Rosh Kollel of Greater Washington and Dayan at the Bais HaVaad Question: Someone owed me money and, after I realized he was unable or unwilling to pay, I gave up hope of ever seeing my money. Can…

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Do Loans Have a Statute of Limitations? 

Rav Yitzchok Grossman, Rosh Kollel of Greater Washington and Dayan at the Bais HaVaad   Case: Reuven borrows money from Shimon and Shimon soon forgets about the loan and doesn’t ask for any payment for many years. One day, he…

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