Rav Yitzchak Grossman Question: My air conditioner was not working well so I called a repairman to fix it. While working, he damaged the entire HVAC unit. Is he liable for the damage he caused? Answer: While a worker is…
Rav Yitzchak Grossman Question: I gave my computer to a technician for a minor repair. As he was working on it, one of his tools slipped and broke the computer completely. Is he liable to pay me the cost of…
Rabbi Shmuel Honigwachs Question: I have an idea for a startup and need capital. Although I don’t have any assets yet, I opened an LLC and want to take a loan with interest, but without signing any personal guarantee. Do…
Rabbi Shmuel Honigwachs Case: Reuven has an Amazon business and needs funds to make some purchases. His friend, Shimon, offers to let him use his credit card, as long as he agrees to cover any interest fees he may incur.…
Rabbi Shmuel Honigwachs Question: In the last segment, we discussed a case where one partner takes out a line of credit for a business under his name and wants to recoup the loan plus interest from his other partner. What…
Rabbi Shmuel Honigwachs Question: Two partners need capital for their business. Only one of them qualifies for a line of credit, so he takes a loan in his name on behalf of the partnership. Since the company will be paying…
Rabbi Shmuel Honigwachs Question: When I was looking into buying a house, I wasn’t able to get a mortgage on my own. Naturally, I went to my father to ask him to cosign for me. Is a heter iska…
Rabbi Shmuel Honigwachs Question: In the last segment, we explained that loans from credit unions may be more halachically problematic than loans from banks. What should someone do if he already has a loan taken out from a credit union?…
Rav Shmuel Honigwachs Question: A few years ago, there was a big tumult about taking loans from credit unions. Is this a problem? Answer: Several years ago, a letter was signed by a number of Poskim— including Rav Dovid Feinstein…
Rav Yosef Kushner Question: When a landlord rents an apartment to a tenant, is he allowed to write in the contract that the tenant will be charged a fee if his rent is late? Answer: Charging a late fee on…