[Cheongju Attorney Referral] A Cheongju Attorney Referral Resulted in a Full Favorable Judgment in a Loan Claim Lawsuit

CONTENTS

1. Cheongju Attorney Referral : Case Assessment
- - Cheongju Attorney Referral ① The Client's Case
- - Cheongju Attorney Referral ② Case Check
- - Cheongju Attorney Referral ③ Application for Provisional Attachment
2. Cheongju Attorney Referral : Proceeding with the Lawsuit on the Merits
- - Cheongju Attorney Referral : Loan Claim Lawsuit
- - Cheongju Attorney Referral : Full Favorable Judgment
- - Cheongju Attorney Referral : Delay Interest and Litigation Costs
3. Cheongju Attorney Referral : Case File
- - Cheongju Attorney Referral, Daeryun Law Firm Cheongju Office

1. Cheongju Attorney Referral : Case Assessment

The client who, through a Cheongju attorney referral, visited Daeryun Law Firm wished to proceed with a loan claim lawsuit.

Because the client had been unable to recover the money lent to the other party and had lost contact with that person, the client requested the help of a Cheongju attorney.

Cheongju Attorney Referral ① The Client's Case

The Daeryun Law Firm Cheongju attorney, who consulted with the client directly through the Cheongju attorney referral, organized the client's case.

The client received an urgent message from a friend.

The message asked to borrow money on the ground that the friend urgently had to move and was short on the down payment for a real estate contract.

Because they were close and met often, the client lent the money without preparing any particular loan certificate.

The friend first borrowed 10 million won as a down payment, then another 10 million won as principal, and then more for other reasons, borrowing a total of 40 million won, and at first repaid 1 million won each month, but

eventually became unreachable and failed to perform the obligation.

Feeling that a legal response was necessary, the client obtained a Cheongju attorney referral.

Cheongju Attorney Referral ② Case Check

In response to the Cheongju attorney referral, Daeryun Law Firm reviewed the pre-litigation supporting materials to check in the client's case.

The client transferred a total of 40 million won to the friend and has the transfer records as evidence.

The client recovered only 3 million won from the friend.

There is a need to obtain a provisional attachment on the real estate held in the friend's name.

Cheongju Attorney Referral ③ Application for Provisional Attachment

The Cheongju attorney recommended that the client apply for a provisional attachment before the main monetary lawsuit on the merits.

A person who is owed money by another generally needs to tie up the other party's property so that the other party cannot dispose of it during the monetary lawsuit.

As confirmed by the Cheongju attorney, the friend's only asset was the real estate, so

the engagement proceeded, on the basis of the Cheongju attorney referral, with the application for provisional attachment first.

Civil Execution Act, Article 276 (Purpose of Provisional Attachment)

(1) A provisional attachment may be made with respect to a monetary claim or a claim convertible into money, in order to preserve compulsory execution against movable or immovable property.

2. Cheongju Attorney Referral : Proceeding with the Lawsuit on the Merits

Through the Cheongju attorney referral, a complaint for the loan lawsuit on the merits was filed.

The friend, who had been out of contact, received the complaint, hurriedly contacted the client, and requested a settlement regarding the borrowed money.

Cheongju Attorney Referral : Loan Claim Lawsuit

The Cheongju attorney explained that, in a loan claim lawsuit of this kind, √ the parties either dispute the underlying interests, or √ the other party readily acknowledges the debt.

In the client's case, the friend acknowledged the debt and requested a settlement regarding the borrowed money.

Cheongju Attorney Referral : Full Favorable Judgment

Despite the friend's earnest pleas, the client did not settle or withdraw the lawsuit, and asked the Cheongju attorney to continue with the suit.

It was abundantly clear that the friend had an obligation to return the loan, and the Cheongju attorney √ was able to obtain a full favorable judgment from the court.

Cheongju Attorney Referral : Delay Interest and Litigation Costs

The Cheongju attorney explained that the client √ could recover from the friend the litigation costs incurred in pursuing the suit, as well as the statutory interest accrued on the loan.

In addition, if the friend still fails to pay the loan despite the full favorable judgment, √ compulsory execution may be carried out on the basis of the judgment and the provisional attachment of the real estate.

3. Cheongju Attorney Referral : Case File

The client, who entrusted the case to Daeryun Law Firm's Cheongju office after visiting through a Cheongju attorney referral, successfully prevailed in the provisional attachment of the real estate and the loan claim lawsuit, reaching a position to recover all of the money lent.

Cheongju Attorney Referral, Daeryun Law Firm Cheongju Office

If you are considering a Cheongju attorney referral, you may visit Daeryun Law Firm's Cheongju office for a consultation.

Daeryun Law Firm

has adopted an advanced law firm system modeled on the United States in which attorneys from each specialized field collaborate cohesively to provide comprehensive legal services for complex matters.

A single case does not require an attorney from only one field. If you wish to proceed with your case together with attorneys from multiple fields, you may entrust your case to Daeryun Law Firm's Cheongju office.

This content is based on actual case studies of Daeryun Law LLC with some adaptations, and the copyright belongs to our firm.
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