Loans, Payment of Loans, Freezing of Property, Bankruptcy
Bukhari :: Book 3 :: Volume 41 :: Hadith 606
Narrated 'Abdullah bin Ka'b bin Malik Al-Ansari from Ka'b bin Malik:
That 'Abdullah bin Abi Hadrad Al-Aslami owed him some debt. Ka'b met him and caught hold of him and they started talking and their voices grew loudest. The Prophet passed by them and addressed Ka'b, pointing out to him to reduce the debt to one half. So, Ka'b got one half of the debt and exempted the debtor from the other half.
Source materials are from the University of Southern California MSA site|
Hadith eBooks converted from Imaan Star