Incheon Civil Attorney Assistance | Incheon Civil Attorney, Full Amount of the Loan Claim Granted

The following is the account of the client who held a consultation with an Incheon civil attorney.

About one year earlier, the client had lent a large sum of money to the defendant.

However, although the defendant was obligated to pay the principal and interest, the defendant had still not paid back the borrowed money.

Furthermore, the defendant had borrowed approximately 1 billion won from the client and other third parties and had not repaid it.

Accordingly, the client entrusted the civil case relating to the loan to an Incheon civil attorney of Daeryun LLC.

► 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 substitutes, and the other party agrees to return the same in the same kind, quality, and quantity.

► Civil Act Article 390 (Non-performance of Obligation and Damages)

If an obligor fails to perform in accordance with the substance of the obligation, the obligee may claim damages. However, this does not apply if performance has become impossible without the obligor's intention or negligence.

► Civil Act Article 393 (Scope of Damages)

(1) Damages for non-performance of an obligation are limited to ordinary damages.

(2) The obligor is liable for damages arising from special circumstances only when the obligor knew or could have known of such circumstances.

The Incheon civil attorney submitted as evidence the loan certificate prepared by the client and the defendant, as well as the transfer statement.

On this basis, the Incheon civil attorney emphasized that the defendant was obligated to pay the client the full amount of the loan together with delay damages.

The Incheon civil attorney emphasized that the defendant had borrowed approximately 1 billion won from the client and other third parties and had still not repaid it, and that a criminal case was therefore currently in progress.

It was emphasized that the client had contacted the defendant several times to request return of the loan, but the defendant was unilaterally avoiding the client's contact.

The case above is the account of a client who, with the assistance of an Incheon civil attorney, 🔗recovered a loan that the defendant had failed to repay.

When pursuing a civil action relating to a loan, it is advisable to obtain the help of an experienced attorney.

The Civil Group of Daeryun LLC assists clients with tailored legal solutions suited to each client's circumstances, working to obtain the fullest possible compensation.

If you are facing difficulties with a civil action in a situation similar to the case above, you are welcome at any time to request assistance from an Incheon civil attorney of Daeryun LLC.