Assistance by a Busan Civil Litigation Specialist Attorney | Successful Full Recovery of the Loaned Money with the Assistance of a Busan Civil Litigation Specialist Attorney

This is the story of a client who entrusted the case to a Busan civil litigation attorney.

Through an introduction by a friend, the client came to know a man who was running a business.

One day, the man came to the client in a hurry and asked to borrow money in cash.

However, the client not only had no cash but was also troubled because the amount of money requested was large.

At this point, the man persuaded the client, saying that his business was going well and he had a stable income, so he could be trusted, and promising to pay interest as well.

After much consideration, the client transferred a large sum of money to the man's account, but even now, long after the promised repayment date had passed, he had not repaid the money, and so the client ultimately decided to file a lawsuit.

The client then visited a Busan civil litigation attorney and requested assistance with a 🔗loan claim lawsuit.

▶Civil Act Article 598 (Definition of Loan for Consumption)

▶Civil Act Article 390 (Default and Damages)

▶Civil Act Article 393 (Scope of Damages)

The defendant denied the obligation to repay the loan, characterizing the money borrowed from the client as an investment.

The Busan civil litigation attorney submitted the records of the transfers between the client and the defendant, along with the records of conversations urging performance of the debt.

Through the above evidence, the attorney emphasized that the funds had been transferred as a loan rather than as an investment, and proved that the defendant's argument was without merit.

In this case, even though the defendant had an obligation to return to the client the loaned money and interest, the defendant did not repay the money despite the client's demands for payment.

The attorney emphasized that the defendant must pay the client delay damages, including interest, from the agreed repayment date until the date of full payment.

In this case, the client, who had lent a large sum of money to an acquaintance but had not been repaid, prevailed in litigation with the assistance of a Busan civil law attorney and succeeded in recovering the funds.

When lent money has not been repaid in this way, resolving the matter through litigation with the help of an attorney is an effective approach.

At Daeryun LLC, a 🔗civil law attorney takes on the case and makes every effort to achieve client satisfaction.

If you need legal help in a situation like the case above, please request a consultation from a Busan civil law attorney at any time.