Debt and Loan: Protection of a Debtor’s Residence from Debt Seizure

Practical Laws of Islam as per the teachings of Imam Khamenei

Debt and Loan: Protection of a Debtor’s Residence from Debt Seizure

English:

Question #1753:

Suppose a person is in debt. Is the property he and his family live in excluded from seizure to pay the debt?

Answer #1753:

All that which the debtor needs — according to his status — in his day-to-day life, such as a house, furniture, car, and telephone, remain out of bounds insofar as paying the debt off.

-Imam Khamenei, Practical Laws of Islam, Importance and Conditions of Debt and Loan