Pruzbul - The Legal Loophole for Loans

Published: Sept. 25, 2022, 5:56 p.m.

The Torah commands us that every seven years at the end of the Shemitah (Sabbatical) year, all loans must be absolved and the creditor is forbidden from collecting those loans.

More than a thousand years later, the sage Hillel found a legal loophole called Pruzbul to allow creditors to collect their loan after the Shemitah year had passed.

What is the Pruzbul and how does it work? What is the point of a commandment if we have a loophole to get around it? Is G-d happy when we find loopholes to avoid his commandments? Even if it's legal, is it in the spirit of the Torah?

A class about the 'Absolving of Loans' and the Pruzbul loophole.

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