Politics · South Korea · 16 hrs ago

South Korea plans tougher sentencing guidance for illegal debt collection

South Korea plans tougher sentencing guidance for illegal debt collection

South Korea’s Supreme Court Sentencing Commission has reviewed tougher sentencing guidance for illegal debt collection.

The guidance gives judges recommended sentence ranges, but it is not legally binding.

Serious harm would include being forced to move or leave work, severe mental distress, suicide attempts or lasting damage to someone’s reputation.

The commission also defined especially bad methods to include threatening a debtor’s family or carrying a weapon.

It added a possible mitigating factor for cases where a person acted with awareness that wrongdoing might occur, but without certainty.

The commission also raised recommended sentence ranges for some illegal lending offences, including breaking interest-rate limits.

It plans to review and approve sentencing guidance for digital sex crimes at a meeting on January 11 next year.

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Sentencing CommissionSupreme Court Sentencing Commission
Illegal debt collection offences are also often committed in the course of legitimate debt collection, and cases are also brought over accomplices’ illegal debt collection conduct.
via Yonhap
There is also an aspect of protecting, as a secondary matter, the property rights of borrowers, who are debtors, and specific victims and their harm can be identified, and whether that harm has been repaired can also be specified and assessed.
via Yonhap