Successful 100% Recovery of a 17 Million KRW Loan and Defense of Legal Costs
26-07-23 167
본문
1. Case Overview: "Money lent in good faith..."
The client willingly lent money to a close acquaintance following an earnest request. However, the opposing party repeatedly made excuses and failed to repay not only the interest but also the principal. Facing severe financial difficulties due to a deep sense of betrayal by a trusted individual and an endless wait, the client came to Law Firm Theo grasping at straws.
The core of this loan return lawsuit was to meticulously prove the opposing party's delay in fulfillment, block any loopholes, and obtain a 100% victory ruling as swiftly as possible. Because the client's suffering increased as time passed, fully restoring their rights without a single penny of loss was the top priority.
Immediately upon taking the case, Law Firm Theo's dedicated counsel team filed a complaint demanding the return of the loan without delay, placing strong pressure on the opposing party.
- Thorough collection of objective evidence so the opposing party could not feign ignorance.
- Flawless analysis of financial transaction details and materials proving the loan.
- Deployment of clear and logical legal arguments to the court.
As a result, the court ruled to fully accept (100% victory) all of Law Firm Theo's claims.
- Acknowledgment of the return of the full principal (approx. 17 million KRW).
- Specification of a strong delay damage (interest) of 12% per year until the money is fully repaid.
- Ruling that the opposing party (defendant) bears all litigation costs.
Beyond simply recovering the principal, this is a perfect and gratifying victory case where the opposing party was made to cover all incidental expenses incurred in the lawsuit, including attorney fees, as well as delay interest for the emotional distress the client suffered.
______________________
