Once the Shmita (7th year) has passed, one may not ask repayment of loans that became due before the end of Shmita.
Nowadays, since we don't have the Yovel (50 year) cycle, this Mitzva is Rabbinic.
Applies to everybody, everywhere, always.
Verse: "Do not demand payment, since the Shmita year has passed" (Devarim 15:2)
Source: The Chafetz-Chaim's Sefer haMitzvot haKatzar; Prohibition 57
- Danny
Tuesday, 18 Shvat 5770
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