You can explain in detail the qualifications for applying for personal rehabilitation, the qualifications for applying for personal bankruptcy, personal rehabilitation procedures, conditions for personal rehabilitation, and the cost of applying for personal bankruptcy.After downloading the application, we will help you to understand the personal rehabilitation system and personal bankruptcy system according to your debt situation so that you can no longer struggle from dunning.Find a solution through complicated personal bankruptcy procedures and applications.We provide useful information regarding individual rehabilitation or bankruptcy waiver.Individual rehabilitation application documents and procedure guidance, individual rehabilitation cost information, etc. can be viewed at a glance, and necessary information can be quickly checked.※What is the individual rehabilitation system?If you are insolvent and earning a certain income, you can be exempted from debt if you pay a certain amount for 3 to 5 years.※What are the application qualifications?- Office worker or entrepreneur: You must be a person who is likely to generate regular and reliable income such as monthly salary, pension, or business income.- Total amount of debt: less than 500 million won for unsecured debt and 1 billion won for secured debt. If the debtor exceeds the above amount, he/she cannot apply for general rehabilitation.- Reimbursement period: Cannot exceed a maximum of 5 years.- Insolvency: You must have more debt than the property you own, such as real estate or personal property.- If you have ever received an exemption decision, 5 years must have passed since then.
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