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

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

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.

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.

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.

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.

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.

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.