Advanced Member AbdullaQ Posted February 14, 2012 Advanced Member Report Share Posted February 14, 2012 Al Salam AlikomI searched Shia Chat first, could not find a topic with bankruptcy in the title with this question.If someone legitimately needs to file for bankruptcy. Is it a sin? What do different marajea say about this? Especially Sistani and the Leader.Jazakom Allah Khair Quote Link to comment Share on other sites More sharing options...
Advanced Member Alejandro Sosa Posted February 14, 2012 Advanced Member Report Share Posted February 14, 2012 i don't understand why this would be a sinAllah alam Quote Link to comment Share on other sites More sharing options...
Advanced Member AbdullaQ Posted February 16, 2012 Author Advanced Member Report Share Posted February 16, 2012 I heard this would be a sin because there would be loss of the rights of others. When you file for bankruptcy the people or organizations you owe money to cant ask you to pay them back. An assigned trustee does what the government rules in these situations and the people you owe money to end up getting very little to almost nothing back from the money they lent you.I think it's not a sin because this is something they agreed to in the beginning when they decided to loan you the money. But I dont want to be making excuses for myself, so I thought of asking.Thanks Quote Link to comment Share on other sites More sharing options...
Basic Members allisyyed Posted March 2, 2012 Basic Members Report Share Posted March 2, 2012 Can anyone please give the opinion of marajae.Apparantly this does not look like a sin, its like giving a person new chance to restart. As for other peoples rights are concerned they will not ba paid even if the person does not apply for bankrupcu as he/she doesnt have the resources to repay anyway.However, an honest and dignified person will endeavor to repay the people what was owed to them before bankrupcy irrespective of what law says. Quote Link to comment Share on other sites More sharing options...
Advanced Member a believer Posted March 14, 2012 Advanced Member Report Share Posted March 14, 2012 (salam)Don't insurance agencies reimburse banks etc when their customers become insolvent or bankrupt? Quote Link to comment Share on other sites More sharing options...
md. ammar ali Posted March 16, 2012 Report Share Posted March 16, 2012 i didnt get youlike,are you asking wheter the person bankrupt deliberately is a sin? Quote Link to comment Share on other sites More sharing options...
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