I have a question regarding debt. My husband has filed for bankruptcy one time on his own, and then again after we were married. Some of his second bankruptcy was because of him getting divorced to his ex-wife. Is it required of him to pay all of it back, his portion of it back, and what if the company no longer exsists, or won't take his money? I know, right now, we cannot pay this back, but it is a goal of ours to pay it back while we are still alive.
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Debts
Started by
Guest_rahmanpriya_*
, Dec 16 2004 04:24 PM
2 replies to this topic
#2
Posted 09 January 2005 - 08:41 AM
Assalaam alaikum,
Question :
As-Salaamu-Alaikum.
Many years ago I had borrowed a certain amount of money from a friend when I was working in a foreign country.
I could not repay that amount at that time. Now I have no way of contacting or even locating that person to repay the loan and it seems that I will never be able to locate him. I have seen in ahadeeth how important it is to repay a debt. This is a great burden on me and I keep praying to Allah to help me in repaying it.
If I am unable to find this gentleman how can I ever lighten this burden? The other thing in this scenario is that money gets devalued over years and the amount of money if returned now will have a lesser value. Is it enough to repay the exact amount or add to it taking into consideration the devaluation of the currency. Please advise me because this is one of the problems I am unable to solve and causing me great stress.
May Allah reward you.
Answer :
Praise be to Allaah.
If the currency in which you borrowed the money still has value, then you should repay the same amount. If you have tried to find the person without success, then give the same amount in charity on his behalf, and Allaah will ensure that the reward reaches him, for He knows the hearts of His slaves and He is Able to do all things.
Islam Q&A
Sheikh Muhammed Salih Al-Munajjid (www.islam-qa.com)
Question :
As-Salaamu-Alaikum.
Many years ago I had borrowed a certain amount of money from a friend when I was working in a foreign country.
I could not repay that amount at that time. Now I have no way of contacting or even locating that person to repay the loan and it seems that I will never be able to locate him. I have seen in ahadeeth how important it is to repay a debt. This is a great burden on me and I keep praying to Allah to help me in repaying it.
If I am unable to find this gentleman how can I ever lighten this burden? The other thing in this scenario is that money gets devalued over years and the amount of money if returned now will have a lesser value. Is it enough to repay the exact amount or add to it taking into consideration the devaluation of the currency. Please advise me because this is one of the problems I am unable to solve and causing me great stress.
May Allah reward you.
Answer :
Praise be to Allaah.
If the currency in which you borrowed the money still has value, then you should repay the same amount. If you have tried to find the person without success, then give the same amount in charity on his behalf, and Allaah will ensure that the reward reaches him, for He knows the hearts of His slaves and He is Able to do all things.
Islam Q&A
Sheikh Muhammed Salih Al-Munajjid (www.islam-qa.com)
#3
Posted 09 January 2005 - 08:42 AM
Assalaam alaikum,
Question :
I have indebted myself to the point to where I cannot remember all the people I owe money or the amounts. What do I do to solve or make expiation, and when will I be able to make Hajj and the debt not cause it to be rejected?
Jazakallah Khairyn
Answer :
Praise be to Allaah.
There are two aspects to this question.
Firstly: what can you do to solve this problem?
Secondly: when can you go for Hajj without the debts leading to your Hajj being rejected?
With regard to the first issue: try to pay off your debts to the people you know about. Whoever asks you to pay back the debt and has proof that you owe him, or you can remember that you owe him, pay him back. If you know that you owe somebody and how much you owe him, but you cannot find him, or you know the amount you owe but you do not know to whom it is owed, then give that amount in charity on that person's behalf. If he comes along later, give him the choice between approving of the charity and gaining the reward for it, or asking you to pay him back, in which case the reward (for giving charity) will be yours.
With regard to the second issue: if you want to go for Hajj, then you can either pay off your debts, especially those where you know how much is owed to whom, or you can ask for their permission and then go for Hajj. May Allaah help you and make it easy for you to pay off your debts and fulfil your duties.
Islam Q&A
Sheikh Muhammed Salih Al-Munajjid (www.islam-qa.com)
Question :
I have indebted myself to the point to where I cannot remember all the people I owe money or the amounts. What do I do to solve or make expiation, and when will I be able to make Hajj and the debt not cause it to be rejected?
Jazakallah Khairyn
Answer :
Praise be to Allaah.
There are two aspects to this question.
Firstly: what can you do to solve this problem?
Secondly: when can you go for Hajj without the debts leading to your Hajj being rejected?
With regard to the first issue: try to pay off your debts to the people you know about. Whoever asks you to pay back the debt and has proof that you owe him, or you can remember that you owe him, pay him back. If you know that you owe somebody and how much you owe him, but you cannot find him, or you know the amount you owe but you do not know to whom it is owed, then give that amount in charity on that person's behalf. If he comes along later, give him the choice between approving of the charity and gaining the reward for it, or asking you to pay him back, in which case the reward (for giving charity) will be yours.
With regard to the second issue: if you want to go for Hajj, then you can either pay off your debts, especially those where you know how much is owed to whom, or you can ask for their permission and then go for Hajj. May Allaah help you and make it easy for you to pay off your debts and fulfil your duties.
Islam Q&A
Sheikh Muhammed Salih Al-Munajjid (www.islam-qa.com)
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