Last Year’s Personal Rehabilitation Filings Surge... Nearly Double in Busan Alone
Last year, the number of personal rehabilitation cases filed exceeded 120,000, showing a sharp increase of 34.51% compared to the previous year.
On the 23rd, the Supreme Court announced that the Seoul, Suwon, and Busan Rehabilitation Courts held the 3rd meeting of the 'Rehabilitation Court Practical Council' on the 20th to share this status and discuss related system improvements.
In 2022, the number of personal rehabilitation cases filed nationwide at rehabilitation courts was 89,966, which increased by 34.51% to 121,017 cases in one year. In particular, the number of cases filed at the Busan Rehabilitation Court surged by 85.5%, from 5,505 to 10,210 during this period.
The increasing trend is expected to continue this year as well. The number of personal rehabilitation cases filed so far this year is 44,418 (as of the end of April), an 11.5% increase compared to the same period last year (39,859 cases).
At this Practical Council meeting, discussions were held on ▲preparing a joint symposium to commemorate the 1st anniversary of the opening of the Suwon and Busan Rehabilitation Courts ▲the surge in personal rehabilitation cases and responses ▲issues regarding bankruptcy trustees acting as agents in bankruptcy cases ▲revision of practical rules and guidelines related to remuneration for external (former) rehabilitation commissioners ▲and management plans for long-term unresolved bankruptcy cases.
In particular, with the recent rapid increase in personal rehabilitation cases, the need to establish an environment for prompt case processing was emphasized. To this end, the Practical Council agreed on the necessity to increase personnel such as internal rehabilitation commissioners and judicial assistant staff.
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A Supreme Court official stated, "The Rehabilitation Court Practical Council will continue to discuss current issues and response measures related to insolvency cases to provide appropriate and prompt insolvency judicial services," and added, "The Supreme Court will actively review and reflect the proposed system improvements and support requests discussed at the Rehabilitation Court Practical Council to support the swift recovery of debtors facing economic difficulties."
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