Saturday, June 28, 2008

Collecting from a third party


If a borrower gives all of his assets away to a third party, the creditor may claim his debt from that gift. However, the creditor does not have the right to collect from any profit made by the third party from those assets which were given to him.

(Shulchan Aruch Choshen Mishpat 99:6)

Have a great day,

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