Is a Forced Settlement of 50 cents on the Dollar Valid?
About this episode
The episode discusses the validity of a forced settlement in a debt collection scenario.
Questions? Comments? We love feedback! Email us at info@baishavaad.org Rav Dovid Josilowsky Question: I did a lot of business with someone and that person now owes me $100k. When I came to collect, he told me that he is only offering fifty cents on the dollar. He said that if I don’t accept that, he won’t pay anything at all. Is he a gazlan? Answer: Typically, the halacha is that a peshara (compromise) is like a sale in that a forced compromise is valid, just like a forced sale...
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