Tag: forced auction

Actor Seo Hyun-jin unable to receive 2.6 billion won deposit back… Court filing for forced auction.
Celebrity, Entertainment

Actor Seo Hyun-jin unable to receive 2.6 billion won deposit back… Court filing for forced auction.

It has been confirmed that actor Seo Hyun-jin is taking legal action as she has not received a high amount of key money back, drawing public attention. In April 2020, Seo Hyun-jin moved into a luxury villa in Cheongdam-dong, Gangnam-gu, Seoul, with a key money of 2.5 billion won. Then, in March 2022, she renewed the lease by increasing the key money to 2.625 billion won, but the landlord did not return the key money by the contract expiration in April 2023. Subsequently, in September of the same year, Seo Hyun-jin applied for a lease registration at the court to secure the right and initiated the forced auction process. The Seoul Central District Court accepted this in April this year and issued a decision to commence the forced auction. A forced auction is a procedure where a creditor sel...