Fwd: WEEK TWO: Loans and Bankruptcy

---------- Forwarded message ---------
From: Bais HaVaad Halacha Center <info-baishavaad.com@shared1.ccsend.com>
Date: Sun, Jan 12, 2025, 8:00 AM
Subject: WEEK TWO: Loans and Bankruptcy
To: <agentemes4@gmail.com>

ARVUS AS SHLICHUS, ARVUS OR MAZIK?, ARVUS ON A NON-SPECIFIC AMOUNT, WHEN THE AREIV WAS NOT RELIED UPON, TITLE INSURANCE, A BACKSTABBING CUSTOMER

THIS MONTH'S YORUCHA TOPIC: Loans and Bankruptcy הלכות הלואה

Week 2 Focus: ערבות

ARVUS AS SHLICHUS ARVUS OR MAZIK? ARVUS ON A NON-SPECIFIC AMOUNT WHEN THE AREIV WAS NOT RELIED UPON TITLE INSURANCE A BACKSTABBING CUSTOMER

LOG IN and start learning now

Introduction

Although the concept of guarantorship – obligating a third party for the non-payment of another person's debt, is recognized in halacha, the mechanics of it need to be understood. For one, in normal circumstances there is no act of kinyan to make the agreement binding. Secondly, the agreement seems to be an asmachta, a non-binding commitment since it is conditioned on circumstances that aren't expected to come to pass.

Points to Ponder

How does one become a guarantor – can a verbal acceptance to be an areiv suffice to obligate him? Can a minor or non-Jew appoint an areiv or be appointed as an areiv? Is every guarantee against loss considered binding – such as against a business loss or other mishap? If the borrower has assets but refuses to pay for some reason, can the lender go straight to the guarantor for payment?

SIGN UP   or LOG IN and start learning now

JOIN A LOCAL CHABURA OR NATIONAL ZOOM SHIUR YORUCHA.ORG 1 (888) 485-8223 #302 YORUCHA@BAISHAVAAD.ORG

Bais HaVaad Halacha Center | 290 River Ave. | Lakewood, NJ 08701 US Unsubscribe | Update Profile | Constant Contact Data Notice