Rav Yitzchok Grossman , Rosh Kollel of Greater Washington and Dayan at the Bais HaVaad Case: Reuven comes to beis din and says that Shimon borrowed money from him and is not repaying his loan. Shimon admits he borrowed…
Rav Yitzchok Grossman , Rosh Kollel of Greater Washington and Dayan at the Bais HaVaad Question: Is a lender always allowed to ask for repayment of a loan? Is there ever a problem with asking for a payment? Answer: …
Rav Yitzchok Grossman , Rosh Kollel of Greater Washington and Dayan at the Bais HaVaad Question: Shimon asks Reuven for a loan. Shimon is not sure if Reuven is reliable so he asks a third party, Levi, if he…
Rav Yitzchok Grossman , Rosh Kollel of Greater Washington and Dayan at the Bais HaVaad Question: Traditionally, when we talk about arvus we are talking about loans. But there are other circumstances when one might make a guarantee to…
Rav Yitzchok Grossman , Rosh Kollel of Greater Washington and Dayan at the Bais HaVaad Question: Is there a specific way a guarantor has to express his guarantorship on the loan? Does he have to say “I am accepting…
Rav Yitzchok Grossman , Rosh Kollel of Greater Washington and Dayan at the Bais HaVaad Question: When people cosign on a debt, the cosigner typically signs a contract to that effect. Occasionally, someone simply states verbally that he is…
Rav Yitzchok Grossman , Rosh Kollel of Greater Washington and Dayan at the Bais HaVaad Question: Many people use heter iskas when giving loans. Essentially, a heter iska restructures a loan as a business investment so that the lender…
Rav Yitzchok Grossman , Rosh Kollel of Greater Washington and Dayan at the Bais HaVaad Question: There are typically two types of loans: loans given to poor people who need the money to live, and loans given to…
Rav Yitzchok Grossman , Rosh Kollel of Greater Washington and Dayan at the Bais HaVaad Question: Generally, when someone gives a loan, we don’t view it as a loss to the lender; however, there are instances when a lender may…
Case: Reuven is walking down the street with $20 in his pocket, not meant for any specific purpose. Shimon comes over and asks to borrow $20. Question: Does he have a chiyuv to lend Shimon the money? Answer: In general,…