Why Make a Prozbul
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Question
I saw advertisements that everyone should make a Prozbul, and I don't understand why I should do it. I have no money, and I don't lend to anyone, so what's the point?
Answer
Good evening
Often, even those who do not have an organized loan fund find themselves lending to a relative, neighbor, coworker, etc. To avoid remembering after Rosh Hashanah that someone owes you money and you have no permission to collect it, it is advisable to make a Prozbul for extra security.
Additionally, anyone with a bank account, the funds there are considered a loan to the bank, and if a Prozbul is not made, it will be forbidden to collect that money.
Good luck
Often, even those who do not have an organized loan fund find themselves lending to a relative, neighbor, coworker, etc. To avoid remembering after Rosh Hashanah that someone owes you money and you have no permission to collect it, it is advisable to make a Prozbul for extra security.
Additionally, anyone with a bank account, the funds there are considered a loan to the bank, and if a Prozbul is not made, it will be forbidden to collect that money.
Good luck
Source
Shulchan Aruch, Choshen Mishpat, Siman 67
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