Seosan Civil Attorney | Seosan Civil Litigation Attorney, Full Return of 20 Million Won Loan

One year earlier, the client received a message from an acquaintance who stated that they did not have enough money to cover a family member's surgery.

After some consideration, the client lent the acquaintance 20 million won and asked for repayment as soon as possible.

Contrary to the promise, however, the acquaintance did not return the borrowed money for more than a year.

Deciding that they could wait no longer, the client resolved to file a 🔗lawsuit for the return of a loan and requested assistance from the attorney.

If a loan is not returned despite a demand for its repayment, the return of the loan can be claimed through civil litigation.

A certified content-proof letter can prove that a demand for the return of the loan was made to the debtor.

After the certified content-proof letter, however, an application for 🔗provisional attachment and provisional injunction should be made to prevent the debtor from concealing or disposing of assets.

After obtaining a judgment through an application for a payment order or civil litigation, the loan can then be recovered through compulsory execution even if it is not otherwise repaid.

The collection of favorable evidence is important in such civil litigation, however, and because the procedures are complex, it is recommended to receive the assistance of the Seosan civil litigation attorney rather than to handle the matter alone.

The client had transferred 20 million won to the debtor by account transfer.

Based on the transfer records and the text messages exchanged at the time, the client proved that the money had been lent to the debtor.

Through this evidence, the Seosan loan attorney emphasized that the client had lent money to the debtor and that the debtor had not returned it.

When lending the money, the client asked for repayment within a short period.

The client then continued to contact the debtor and demand repayment.

The Seosan loan attorney therefore emphasized that the client had consistently demanded repayment and that the extinctive prescription on the loan remained valid.

Under the Civil Act, a debtor is required to return a loan to the creditor.

The debtor, however, did not repay the borrowed money despite the client's continued demands for payment.

Accordingly, the attorney emphasized that the debtor was failing to fulfill the obligation to repay.

This was the story of a client who, with the assistance of the Seosan civil attorney, was able to recover the full amount of the loan.

If you are unable to recover money you have lent, the matter can be resolved through civil litigation, but because the legal procedures are demanding, receiving the assistance of an attorney can be helpful.

At Daeryun Law Firm, attorneys experienced in civil cases analyze each client's case and establish a tailored strategy.

If you are troubled by the inability to recover money you have lent, please request the assistance of the Seosan loan attorney through a 🔗legal consultation appointment.