Owing Debt. If you forgive the person who owes you, that person doesnt have to pay you back?
I know that owing Debt in Islam is a serious matter. The question that i have is, if you let a person borrow money and they are capable of paying you back, but later they asked for your forgiveness for not paying you back are they off Scott Free?
This has happened to me twice a person that i let borrow money from me promised to pay me back but never has
On the first occasion that person came to me because they were in trouble, i was hesitant in giving them the money but they looked me dead in the eyes and said "You can trust me, i will never do you wrong you, i promise to pay you back" so i gave it to them. A year went by and this person came again to borrow money, this time i made them put it in writing that they will pay me back. The first thing the person said was "If i dont pay you back and i die will you forgive me?" I said Yes. A month went by and i asked them about the money, they said "I dont owe you anything. I asked for your forgiveness and you said yes so i dont have to pay you back because you forgave me. I went around and asked everyone that i owe to forgive me and they did so i dont owe them either" I was shocked at this statement! The Prophet saw said "That the Martyr/Shaheed who dies for the sake of Allah swt, all of his sins will be forgiven except Debt." This shows how serious Debt is. Where in the Hadith or Quran does it say that as long as you forgive that person they dont owe you your money anymore?