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Rabbi Klein adds, however, that a check is not always considered payment. If a check is written on an account that does not have sufficient funds, the check is considered to be a shetar chov, a note of indebtedness, and in such an instance, the loan which the check was supposed to close would be canceled by shemittah.

(To be continued)


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Rabbi Yaakov Klass is Rav of K’hal Bnei Matisyahu in Flatbush; Torah Editor of The Jewish Press; and Presidium Chairman, Rabbinical Alliance of America/Igud HaRabbonim.