[Busan Loan Claim Attorney Success Case] 300 Million Won Loan Claim Granted With the Assistance of the Busan Loan Claim Attorney

This is the client's story as learned by the Busan loan claim attorney.

The client and the defendant were college classmates who kept in touch and remained close after graduation.

Then the client received a proposal from the defendant to lend a large sum of money, with the defendant promising to pay ample interest.

The client hesitated briefly, but because the defendant was a close friend, the client trusted the defendant and readily lent a large sum.

However, apart from a portion repaid early on, the defendant paid no principal or interest at all.

Alarmed, the client consulted a Daeryun Busan loan claim attorney in order to pursue a loan claim lawsuit against the defendant.

The Daeryun Law Firm Busan loan claim attorney set out to prepare measures to assist the client.

With the Busan loan claim attorney, let us review the laws that provide the legal basis for a loan claim lawsuit.

* Article 598 of the Civil Act (Definition of Loan for Consumption)

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

* Article 390 of the Civil Act (Nonperformance of Obligation and Damages)

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

* Article 393 of the Civil Act (Scope of Damages)

① Damages for nonperformance of an obligation are limited to ordinary damages.

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

The defendant repeatedly asked the client for a loan, promising high interest, and the client lent a large sum and prepared a loan certificate.

The client even proposed a repayment plan applying a lower interest rate than promised, provided that the defendant repaid diligently. However, despite the plaintiff's goodwill, the defendant did not carry out repayment.

Through consultation with the client, the Daeryun Law Firm Busan loan claim attorney assisted with the overall procedure of the lawsuit.

In loan-related lawsuits, it is generally best to handle the matter promptly from the early stages with the help of an experienced attorney.

At Daeryun Law Firm, attorneys with extensive loan-related experience work with clients from the early stages of a case through to its resolution.

If, as in the case above, you are facing difficulties with a loan claim lawsuit, you may entrust your case at any time to a Busan loan claim attorney at Daeryun Law Firm, who brings broad experience and practical know-how.