cRc Beth Din

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What if a new loan is made after a Pruzbul is created?

Monday, August 26, 2019

The date that the Pruzbul is written must be recorded. The Pruzbul is effective for all loans made before that date. If one makes a loan after the date of the Pruzbul, a new Pruzbul must be written for that loan. If the lender suspects that he will not find suitable judges for a new Pruzbul, he should lend the money and stipulate that he cannot collect the money until the third of Tishrei which is after the completion of the seventh year.