Debt Recovery
Seoul Law Group helps foreign individuals and businesses recover unpaid debts, loans, service fees, and payments for goods owed by individuals or companies in Korea. Our attorneys evaluate the most practical path to recovery, whether through formal payment demands, negotiated settlement, litigation, or enforcement proceedings.
“Get answers, get results.”
Inbound and Outbound
Seoul Law Group represents foreign clients who need to collect money owed by a Korean individual or company – whether from an unpaid loan, an outstanding invoice, or damages owed – as well as foreign clients who are defending against a claim brought by a Korean creditor. Our attorneys apply Korean law to protect our clients’ rights on both sides of a debt dispute.
Property Inquiry
Collecting a debt becomes difficult when a debtor has no property to satisfy the claim – or conceals property that does exist. Seoul Law Group helps clients investigate a debtor’s assets through lawful means, including petitioning the court for a Specification of Property or an Inquiry about Property.
Seizure and Execution
Winning a judgment and locating a debtor’s property is often only half the process – that property must still be converted into payment. Seoul Law Group helps clients seize the debtor’s property to prevent it from being sold or transferred, then petitions the court for an auction to liquidate it. This can be a lengthy process, and our attorneys guide clients through every step until payment is recovered.
Use of Criminal Complaint
In addition to a civil lawsuit, filing a criminal fraud complaint can be an effective way to encourage repayment. Under Korean case law, borrowing money without the intent or ability to repay it can constitute fraud. When a debtor refuses to pay, a criminal complaint often creates a strong incentive to settle.
