Thursday, June 12, 2008

A borrower's responsibility to re-pay


We have seen that we are obligated to extend loans. However, the borrower is also obligated to re-pay. It is prohibited for a borrower to pretend that he is unable to re-pay, even if his intent only to delay repayment for a single day.

(Shulchan Aruch Choshen Mishpat 97:3)

Have a great day,

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