Waleed Basyouni – How to Handle Unpaid Debts- What to Do If You Cant Find the Lender
AI: Summary ©
The speaker discusses a situation where a brother is asking for money to pay his father off, and the speaker suggests donating it to the father in case he can't pay it back. The speaker also advises against borrowing money from someone and suggests documenting the situation for future reference.
AI: Summary ©
As-salamu alaykum wa rahmatullahi wa barakatuhu.
Wa alaykum as-salamu alaykum wa rahmatullahi wa
barakatuhu.
Chef, the coffee today is good.
Alhamdulillah.
So, this brother is asking, he says, I
owe someone some money, and I have tried
to locate him, but I cannot find him
to pay him back.
What should I do?
In case like this, first, you do your
best to look for the person, and if
you couldn't, this money, you basically donate it
on this person's behalf.
So, you go put it in a masjid,
you put it in a good cause, and
if this money, while it is in your
possession, grow, whatever this money produce, also you
add it to the original, the capital, and
the original amount, and you donate it for
the sake of Allah.
But you're not allowed to say, I'm going
to keep his money to make business with
it.
If you couldn't find him, and basically to
pay him back, you put it out for
the sake of Allah.
But what if he come back later on,
after he donated the masjid?
In this case, it has to be looked
at it case by case, but in my
opinion, he will have the choice of taking
his money from you, and that sadaqa became
for you.
Or he agree in what he did.
If this the case, can I keep his
money with me, and put in my will
this amount, like $10,000, by the way,
this is not my money.
If I die, and this $10,000 that
I'm having in a safe, if I die,
and this man didn't show up, just donate
it on his behalf.
Yes, you can.
You don't have to get rid of it
right now.
Just in case 2, 3, 4 years later,
he might show up, or you find a
way to contact the person.
And with this being said, whenever you borrow
something from someone, make sure that you have
good information about the person, so you don't
lose contact with him.
So, basically, you are documenting it well, the
loan, so we not be in a case
like this.