Quduri also names maintenance for the insolvent person’s wife and minor children. Administering creditors’ claims must take legally required family support into account.
The principle does not provide a blanket exemption for luxuries or discretionary spending. The discussion concerns necessary maintenance and obligations of support, not an unlimited budget at the debtor’s choice.
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Maintenance of spouse and young children
Kitab al-Hajr: Insolvency, Interdiction and Creditors’ Rights
Quduri also names maintenance for the insolvent person’s wife and minor children. Administering creditors’ claims must take legally required family support into account.
The principle does not provide a blanket exemption for luxuries or discretionary spending. The discussion concerns necessary maintenance and obligations of support, not an unlimited budget at the debtor’s choice.