The Law Firm Cheongchul (Responsible Lawyers: Park Jong-han, Bae Gi-hyung, Chief Lawyer) applied for a seizure and collection order regarding the deposit account that the opposing party holds against the bank based on the claim and the execution document that the client has against the opposing party, and obtained a decision on the seizure and collection order from the court.

• If you have a claim against the opposing party, you can apply for a seizure and collection order with a valid execution document.

• An execution document is a public document that indicates the existence and scope of a claim to be realized by the state's coercive power, and includes judgment documents that acknowledge the claim against the opposing party, mediation records, settlement records, notarizations, etc.

• A creditor with an execution document can apply for collection, which is a method of seizing the debtor's claims against other individuals or organizations to prohibit the debtor's disposal and claim the seized claims in place of the seized claims; this is called an application for a seizure and collection order.

The Law Firm Cheongchul applied for a seizure and collection order regarding the deposit claims (amount in the account) that the opposing party holds against the commercial bank based on the above execution document on behalf of the client, and the court made a decision to grant the seizure and collection order as requested by Cheongchul.

Even if a ruling is obtained recognizing the money to be received from the opposing party through litigation, it can be daunting to know what procedures need to be followed based on the judgment document afterward. This procedure is called execution procedure. The Law Firm Cheongchul conducted the execution procedure with the best effort for the client to actually benefit, and accordingly, the client was able to receive their claim amount.

The Law Firm Cheongchul promises to continue to do its best for the benefit of the client.