Surety for stranger

Surety for stranger

Take his garment that is surety for a stranger, and take a pledge of him for a strange woman (Proverbs 27:13).When you give a loan to someone, a stranger, you have to take his possession as a surety. Then take hold of him as if he is a strange woman. The Law of Moses lays down conditions for giving loans by taking hold of the security's cloak (Exodus 22:26-27; Deuteronomy 24:10-13). If the creditor fails to return the loan, then the debtor can get hold of the surety by seizing his possession. Bankers follow this law in taking possession of the assets of the surety in the event of the debtor failing to return the loan. This is to prevent the debtors from escaping the law by declaring themselves as paupers.

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