This article is an excerpt from our Sefer Buy now on Amazon.com 3. The reason behind the Mitzvah of Shemita:[1] Within the Talmud, and Rishonim, we find several reasons recorded regarding the purpose of the Mitzvah of Shemita. To emphasize that everything belongs to Hashem:[2] The Mitzvah of Shemita publicizes to […]
2. The Term Shemitah
This article is an excerpt from our Sefer Buy now on Amazon.com 2. The term Shemita: The term Shemita is found in Devarim 15:2 with regards to the command of Shemitas Kesafim, abolishing loans. It means to let go or forgive. The term is not used in any of the earlier […]
1. Introduction-The Torah verses relating to Shemita
This article is an excerpt from our Sefer Buy now on Amazon.com 1. Introduction-The Torah verses: The Torah[1] commands us every seventh year to sanctify the year as Shemita. The Shemita year contains a number of laws and regulations that relate to one’s land, ground produce, and loans. Resting the land […]
General summary
General Summary On Erev Rosh Hashanah of the end of the sixth year of Shemitah [and also of the end of the seventh year of Shemitah] one is to perform a Peruzbal in front of a court of three Jews. It is performed following Hataras Nedarim. One states before the […]
Loan to a Gentile
Loan to a Gentile:[1] The Shemitas Kesafim laws only apply to a loan made to a Jew. A loan that was made to a non-Jew is to be collected even after Shemitah. Q&A If one owes money to a non-observant Jew may he pay the lender back the money […]
Salaries
Salaries-Are owed salaries considered a loan that require a Peruzbal by the worker?[1] Workers that receive a monthly salary from a Jewish employer are not required to make a Peruzbal for a salary that will not be due to be received until after Rosh Hashanah of Shemitah.[2] However those salaries […]
Credit
Is credit considered a loan that requires a Peruzbal?[1] The general rule is that credit is not considered a loan and hence is not abolished with the Shemitah year. The reason for this is because the credit money is not yet considered owed but rather “to be owed in the […]
Cases Peruzbal isn’t required
Cases that a Peruzbal is not required: A. Mashkon/Collateral:[1] If one lent money in exchange for an object from the borrower to serve as collateral for the loan then the Shemitah year does not abolish this loan [and a Peruzbal is not required].[2] If the collateral is worth less […]
When should it be performed
When should the Peruzbal be performed?[1] Initially the Peruzbal is to be performed at the end of the sixth year, prior to Rosh Hashanah of the seventh year.[2] [It is a Mitzvah to publicize this matter as it is not well known to the public.[3] It is proper to […]
A valid court
The criteria for a valid court?[1] As explained above the Peruzbal is only effective if it is performed before a valid court of law. A valid court consists of any three Kosher[2] Jewish men. [1] Admur 35; Rama 67/18 “One may be lenient in these times” Other opinions: Many Poskim […]
