[Daegu Civil Attorney Assistance] With the Assistance of a Daegu Civil Attorney, the Full Loan of 33.6 Million Won Was Successfully Recovered

The client and the defendant were acquaintances.

The defendant, who ordinarily worked supplying goods, would make a verbal request to the client whenever he was short on funds to purchase goods,

and when the client lent part of the payment, the defendant would receive the supply payment and return it, so they frequently engaged in money dealings.

One day, the defendant borrowed 33.6 million won from the client. Although the defendant had promised to repay it in installments over three months,

he offered only excuses such as “I will repay the money even by taking out a loan” and “I will receive payment from another supplier and repay it,” and the situation became one in which he was now even out of contact.

The client therefore came to the Daegu civil attorney in order to recover the loan with the assistance of an experienced attorney.

■ Civil Act, Article 598 (Definition of Loan for Consumption)

A loan for consumption becomes effective when one party agrees to transfer to the other party the ownership of money or other fungible goods, and the other party agrees to return goods of the same kind, quality, and quantity.

■ Civil Act, Article 390 (Default and Damages)

If an obligor fails to perform in accordance with the substance of the obligation, the obligee may claim damages. This shall not apply, however, where the performance has become impossible without any intent or negligence on the part of the obligor.

■ Civil Act, Article 393 (Scope of Damages)

(1) Damages for default shall be limited to ordinary damages.

(2) The obligor shall be liable for damages arising from special circumstances only where the obligor knew or could have known of those circumstances.

▶ The Daegu civil attorney emphasized that the defendant had used the fact that he was an acquaintance of the client to gain the client's trust before borrowing the money, and that he had still not returned the loan.

▶ The Daegu civil attorney emphasized that the client was experiencing significant financial and emotional hardship because the loan had not been returned.

▶ The Daegu civil attorney emphasized that, where pecuniary damage arises from a default under a contract, the emotional distress suffered by the contracting party is generally remedied through compensation for the pecuniary damage.

In this case, the client, who had trusted the defendant, an acquaintance, and lent 33.6 million won, had still not recovered the money by the time of the lawsuit and requested the assistance of the Daegu civil attorney.

If there are individuals who, like in this case, are seeking a way to recover a loan that should rightfully and lawfully be returned, they may entrust their case to the Daegu civil attorney at any time.

Drawing on extensive experience and expertise handling a variety of loan cases, we will provide active assistance with your case.