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Jewish Debtor-Creditor Law: Does it Permit the Filing for Bankruptcy in the U.S. Courts?
By Carolyn Hochstadter Dicker, Esquire

Business disputes within the Jewish community are generally governed by Jewish law, and they are correspondingly required to be adjudicated by a Jewish court (beit din). Therefore, a question that arises in the debtor-creditor context is whether a Jew may file for bankruptcy protection under the U.S. Bankruptcy Code and obtain a discharge of debts owed to Jewish creditors. While there is no halachic (Jewish law) equivalent to a bankruptcy discharge, there are Jewish laws and concepts that can be applied to resolve this issue.

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