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Bankruptcy
Part 1 of Paper
....many cases filed in federal courts, as there were all other cases. The American law allows people to avoid paying their debts, by offering the debtors a discharge, which eliminates all their legal responsibilities. However, is a controversial issue amongst religious members of the Jewish population, for one must qu.... Part 2 of Paper
....fore the debtor is free from his obligation to pay the creditor. According to some poskim, yeush does not discharge the debtor, unless the circumstances, such as where the debtors fields are ruined by a flood, the debtor is in, makes the creditor lose hope of ever being paid back According to others, yeush can discharge the debt if the debtor becomes impoverished only and not because he didn’t want to pay back his debt.
If the debtor does not become discharged through the creditors yeush,.... |
| Number of words: 1447 - Approximate pages: 6 |
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