Torah.org Home Subscribe Services Support Us
 
Print Version

Email this article to a friend

Mitzvos Relating to Our Fellow Man

27: Shemittah Loan Cancellation

"This is the matter of Shemittah (the sabbatical year): Every lender shall cancel his debt which his friend owes him..." (Devarim 15:2)

When shemittah year comes, in addition to stopping all agricultural work in the Land of Israel, all debts are canceled, unless a pruzbul (override) document was written. This applies nowadays by law of the Sages.

Even if the borrower offers to pay, the lender must say, "The debt is cancelled." If the borrower continues to insist on paying, the lender may accept the payment (Shevi'is 10:8).

The Sefer HaChinuch (mitzvah 47) explains that this mitzvah teaches us to be generous and to realize that Hashem supplies all of our needs, including monetary ones. When a lender forgoes his payment due to shemittah, Hashem will reimburse him.


Text Copyright © 2007 by Rabbi Moshe Goldberger and Torah.org.


 

ARTICLES ON KI SAVO AND ELUL / ROSH HASHANAH:

View Complete List

Lessons from a Farewell Speech
Rabbi Yehudah Prero - 5760

Do You Believe in the World-to-Come?
Rabbi Pinchas Winston - 5772

It's All About The Relationship!
Rabbi Label Lam - 5771

Frumster - Orthodox Jewish Dating

Walk This Way
Shlomo Katz - 5766

Judge Me Tender, Judge Me Sweet
Rabbi Dovid Green - 5760

The Ever-Present
Rabbi Label Lam - 5774

> It's a Nice Soft Suicide…
Rabbi Label Lam - 5772

The 'New' of the New Year
Rabbi Dovid Green - 5758

The Art of the Deal and It's Impact
Rabbi Yehudah Prero - 5758

Looking for a Chavrusah?

A Labor of Love
Rabbi Label Lam - 5769

Month of Elul: The Power of Repentance
Rabbi Yehudah Prero - 5758

The Essence of Jewish History
Rabbi Berel Wein - 5773

ArtScroll

All that We Have is From Hashem
Rabbi Yisroel Ciner - 5760

The Joy of Serving G-d
Rabbi Pinchas Winston - 5763

Call of the Shofar
Rabbi Yaakov Menken - 5760

Small Bridge, Big Connection
Rabbi Pinchas Winston - 5762



Project Genesis

Torah.org Home


Torah Portion

Jewish Law

Ethics

Texts

Learn the Basics

Seasons

Features

TORAHAUDIO

Ask The Rabbi

Knowledge Base




Help

About Us

Contact Us



Free Book on Geulah!




Torah.org Home
Torah.org HomeCapalon.com Copyright Information