CONTENTS
- 1. The Client's Situation
- - How the Client Came to a Loan Attorney
- 2. Loan-Related Statutes Explained by a Busan Loan Attorney
- 3. Assistance Provided by the Busan Loan Attorney
- - Loan Attorney's Argument ① Failure to Perform an Obligation
- - Loan Attorney's Argument ② Submission of Evidence
- 4. The Court's Decision on the Busan Loan Attorney's Arguments
- - If You Need the Help of a Busan Loan Attorney
1. The Client's Situation
The client had still not recovered the money lent to the defendant and, wishing to respond through legal means, came to a loan attorney to request a consultation.
How the Client Came to a Loan Attorney
The account of the client who came to a loan attorney for assistance is as follows.
The client lent money to the defendant, a longtime partner, across roughly 30 occasions without setting a repayment deadline.
Because the client trusted the defendant, a total of about 120 million won was lent.
However, the defendant made no effort to repay the loan, and the client was left in considerable anxiety.
The client repeatedly demanded repayment of the loan, but the defendant made excuses and kept putting repayment off day after day.
Having still not recovered the large sum, the client was facing significant financial and emotional hardship.
The client came to the loan attorney in order to pursue a 🔗loan repayment claim lawsuit with an attorney experienced in handling a range of loan cases.
2. Loan-Related Statutes Explained by a Busan Loan Attorney
A loan for consumption is a contract in which one party gives money or a substitute and the other party returns the same kind and quantity.
If the defendant fails to repay the loan and loss results, the creditor is entitled under Article 390 of the Civil Act to claim damages from the defendant.
If an obligor fails to perform in accordance with the substance of the obligation, the obligee may claim damages.
This does not apply, however, where performance has become impossible without the obligor's intent or negligence.
3. Assistance Provided by the Busan Loan Attorney
To guide the loan repayment lawsuit toward a favorable outcome, the Busan loan attorney closely analyzed the facts of the case.
Based on this, the attorney developed a careful strategy and presented the following arguments at trial.
Loan Attorney's Argument ① Failure to Perform an Obligation
The client requested repayment of the loan from the defendant several times through messages.
The client even had the defendant write out by hand a list of the money borrowed up to that point.
Each time, the defendant made various excuses and continued to put off repayment.
To this day, the defendant has not repaid or paid the client any part of the loan at all.
The attorney therefore emphasized that the defendant has an obligation to repay the client the full amount of the loan.
Loan Attorney's Argument ② Submission of Evidence
The Busan loan attorney submitted as evidence the bank account records showing that the client had deposited the loan to the defendant on about 30 occasions.
The attorney also submitted as evidence all of the conversation records between the client and the defendant related to the loan matter.
Through this, the attorney emphasized that the defendant was not paying the loan without justifiable reason.
4. The Court's Decision on the Busan Loan Attorney's Arguments
Accepting the Busan loan attorney's arguments, the court issued a judgment that 'the defendant shall pay the plaintiff approximately 120 million won.'
Having recovered the full amount of the loan with the assistance of the Busan loan attorney, the client expressed deep gratitude.
If You Need the Help of a Busan Loan Attorney
A loan repayment lawsuit involves complex issues such as principal and interest, so receiving the assistance of an experienced attorney can be helpful.
It is advantageous to secure evidence lawfully and to prepare the lawsuit systematically.
The civil and damages attorneys at Daeryun Law Firm closely identify the facts of each case and develop a careful strategy.
A task force of 3 to 20 members, including attorneys experienced in civil matters, collaborates and works to the fullest on each case.
If, as in the case above, you have been unable to recover a loan and need professional help, it is recommended that you come to a 🔗Busan attorney at any time for a consultation.
This content is based on actual case studies of Daeryun Law LLC with some adaptations, and the copyright belongs to our firm.
Unauthorized reproduction, duplication, or distribution and other copyright infringements may result in legal action under applicable laws.
