Court Launches 'Free Video Consultation' for Debtors... Expanding Nationwide Implementation

The Supreme Court’s Court Administration Office announced on the 19th that it will provide free video consultations for applicants due to the surge in personal bankruptcy and rehabilitation filings.

Supreme Court. Photo by Asia Economy DB

The consultations have been piloted since the 14th at the Jeju District Court. Based on the operational results and demand, the service will be expanded nationwide to district courts. The aim is to support debtors facing economic crises to timely undergo insolvency procedures and recover.

Applicants wishing to receive consultations can visit their nearby district court, where they will be connected to the civil consultation offices of the Seoul Bankruptcy Court and Suwon Bankruptcy Court, which specialize in bankruptcy and rehabilitation. Consultants will provide guidance on procedures and requirements related to bankruptcy and rehabilitation.

The Court Administration Office stated, "This initiative is intended to reduce regional disparities in insolvency judicial services and enhance convenience for citizens by allowing people in areas without established rehabilitation courts to receive specialized personal insolvency video consultation services from rehabilitation courts."

Meanwhile, according to the Court Administration Office, a total of 169,444 insolvency cases were filed nationwide from January to October. Compared to 140,776 cases filed during the same period last year, this represents a 20.4% increase. While personal bankruptcy filings remained similar to last year, personal rehabilitation filings reached 99,868 cases, marking a 38.7% increase year-on-year.

This content was produced with the assistance of AI translation services.