개인회생 신청 자격When it is difficult for a debtor with a certain income to repay the debt, the court reduces the debt to the extent that the debtor can repay the individual rehabilitation system, and the application is in progress to the courts of the Republic of Korea based on the Debtor Rehabilitation and Bankruptcy Act.
If you call the personal rehabilitation counseling line at 02-567-6134 without looking at all the contents below, we will consult you so that you can quickly go through the personal rehabilitation procedure.
The individual rehabilitation system is an individual debtor who is facing bankruptcy due to financial difficulties and who is likely to earn income continuously or repeatedly in the future by adjusting the legal relationships of interested parties such as creditors to ensure efficient rehabilitation of debtors and interests of creditors. As a procedure prepared to promote In other words, the individual rehabilitation system is an individual debtor whose total debt is less than 500 million won in the case of unsecured debt and less than 1 billion won in the case of secured debt, and who is likely to earn income continuously or repeatedly in the future for 3 years (debtor rehabilitation and bankruptcy). In the case of the proviso of Article 611, Paragraph 5 of the Act, 5 years) This is a procedure to be exempted from the remaining debt by repaying a certain amount.
When an individual generates income by trying to pay off his current debt, but is unable to pay due to too much debt and falls into insolvency, the individual rehabilitation system is a system in which a certain amount of debt can be paid off and the rest of the debt can be waived.
Debtors who can use individual rehabilitation procedures are “salaried income earners” and “operating income earners” who have a certain amount of income, and only individuals who are currently in a state of insolvency due to excessive debt or who are at risk of becoming insolvent can apply. . Individual rehabilitation procedures can be used by debtors who are using the credit recovery committee’s support system and debtors who are using the bad bank system, and those who are in the process of bankruptcy or rehabilitation can apply for individual rehabilitation procedures.
Image source: Republic of Korea Court
In principle, an individual rehabilitation case must be submitted to the ‘main office of the district court’ that has jurisdiction over the address of the debtor. For example, a debtor residing in Bucheon City should submit an application to the Incheon District Court, not to the Bucheon Branch of the Incheon District Court. However, a person with an address in Seoul must submit an application to the Seoul Rehabilitation Court, even if the jurisdictional court of that address is, for example, the Seoul Eastern District Court or the Seoul Southern District Court.
The cost of submitting an application includes a stamp fee and delivery fee.
A debtor who wishes to apply for individual rehabilitation must first fill out an application for commencement of individual rehabilitation procedures.
In the personal application
The purpose of the application and the cause of the application are explained in detail in the application preparation guidelines provided by the court and in the individual rehabilitation procedure form corner of this website, so please refer to them.
Regarding the details of property and debt, detailed information is included in the list of properties and the list of individual rehabilitation creditors included in the attached documents of the application. As described in “.
The following documents are to be attached to the application for commencement of individual rehabilitation procedures:
Personal rehabilitation procedures are sometimes complicated, but above all, you must accurately collect the correct attachments, bonds, personal income and property, fill out the documents and submit them to the court.
Our law firm Logic has been providing personal rehabilitation services for a long time, and many people are receiving the debt forgiveness they want through the rehabilitation process of the court.
If you contact our law firm Logic, we will do our best to rehabilitate you through a quick personal rehabilitation procedure. thank you
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Trade name: Law Firm Logic | Business registration number: 105-87-22197 | Representative : Seongjae Lee
Tel : 02-567-2316 | Location: (Postal Code) 04146, Mapo-daero 109 (Lotte Castle), Mapo-gu, Seoul, 101-1001
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