Concerns in Selling an Invoice
This question and answer were automatically translated using our trained AI and have not yet been reviewed by a qualified rabbi. Please treat this translation with caution.
go to original →
Question
I want to sell an invoice that is due to be paid in cash in a month at a lower price. Is there a problem?
Answer
There are two issues here: A. The responsibility must be on the buyer in case there is no payment, etc., then it is a sale. B. The debt is sold like a promissory note or a check, but since an invoice is not negotiable like a check, when it is sold, the debt is not sold. (Yoreh De'ah 173:4)
Source
Shulchan Aruch, Yoreh De'ah, Siman 173, סעיף 4
Comments
Have an additional question on this topic or need clarification? Leave your comment below. (Please note that the comment will not be published but will be sent directly to the answering Rabbi for review and a private response)
Become our patrners in supporting and spreading the Torah
Help us answer more questions faster and better
Join the mission