THE בית דין צדק ,בית הוועד לעניני משפט
BAIS HAVAAD RABBINICAL COURT
WILL BE OPEN EVERY DAY OF THE COMING WEEK
(Sept. 6th- 12th) BETWEEN THE HOURS OF 2:00PM and 4:00PM
105 River Ave. Bldg B. Suite #301 in Lakewood NJ
To assist the general public with the execution of the PRUZBUL
בלשכת בית הדין
WHAT IS A PRUZBUL?
One of the laws of Shemita, which apply both in Eretz Yisroel and in Chutz La’aretz, is what is referred to as Shemitas Kesafim; the nullification of all loans. At the end of the seventh year of the Sh’mitah cycle, all loans as well as many other types of debts are nullified. (One should ask a Halachic authority as to exactly which debts are subject to the Shemitah nullification).
When Hillel the Elder realized that lenders were hesitant to lend money in the anticipation of the Shemitah nullification, he enacted the Pruzbul thereby facilitating the collection of debts even after the end of Shemitta. The Pruzbul document acts as a mechanism to transfer the loan to Bais Din for collection who in turn empowers the lender to collect the money as their agent.
In addition, a suite of various versions of the PRUZBUL as well as notes and instructions is available at
www.TheHalachaCenter.org/pruzbul
and can be downloaded to be submitted long distance as well.
Bais HaVaad Rabbinical Court | Business Halacha Center
1.888.485.VAAD(8223) | 105 River Ave. Bldg B, Suite #301 | Lakewood NJ 08701
הרה"ג ר' יהושע קרופני' שליט"א - הרה"ג ר' אליהו לוין שליט"א- הרה"ג חיים וועג שליט"א - הרה"ג ר' דוד גרוסמן שליט"א
הרה"ג ר' חנוך זאלץ שליט"א - הרה"ג ר' מרדכי פוקס שליט"א - הרה"ג ר' דוד ענגלנדער שליט"א - הרה"ג ר' דוד מרקין שליט"א
Please note: The PRUZBUL document is relevant to both men and women who are owed money.
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