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Blood Money

 
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sigmundsmith



Joined: 22 Nov 2007

PostPosted: Mon Jun 25, 2012 10:41 pm    Post subject: Blood Money Reply with quote

Have a query (don't ask for specific details). Korean asking for blood money (not alot of money). Say if I pay won't go to the police. I know that it might be a bluff but am willing to pay the money for this little incident to go away.

Im asking if I pay the money (through a bank transfer) what is not to stop them after the payment to go to the police?

Because the money is not big I just want to pay it to make it go away instead of hassling with police etcetera. Please don't say what was it or how much.... its not important.

Like I said my issue is what if they still went to the police after I transferred the money (via bank)?

Serious advice would be helpful
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Joe Boxer



Joined: 25 Dec 2007
Location: Bundang, South Korea

PostPosted: Mon Jun 25, 2012 10:57 pm    Post subject: Reply with quote

You need to have the person sign an agreement. I would want it in both languages. The agreement doesn't have to mention the offence, but should mention the agreed-upon amount to be paid, and that NO FURTHER ACTION WILL BE TAKEN IN THE FUTURE, regardless of newly discovered damages, affects to health, etc. Bring a Korean that you TRUST.

I would have the person write their bank information on the paper, and then after the agreement is signed by both parties, transfer the amount.
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sigmundsmith



Joined: 22 Nov 2007

PostPosted: Mon Jun 25, 2012 11:07 pm    Post subject: Reply with quote

Joe Boxer wrote:
You need to have the person sign an agreement. I would want it in both languages. The agreement doesn't have to mention the offence, but should mention the agreed-upon amount to be paid, and that NO FURTHER ACTION WILL BE TAKEN IN THE FUTURE, regardless of newly discovered damages, affects to health, etc. Bring a Korean that you TRUST.

I would have the person write their bank information on the paper, and then after the agreement is signed by both parties, transfer the amount.


Thanks Joe for your advice... would text message confirming amount and agreed upon terms for it to be settled (in English) be sufficient enough?
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Joe Boxer



Joined: 25 Dec 2007
Location: Bundang, South Korea

PostPosted: Tue Jun 26, 2012 12:39 am    Post subject: Reply with quote

sigmundsmith wrote:
Joe Boxer wrote:
You need to have the person sign an agreement. I would want it in both languages. The agreement doesn't have to mention the offence, but should mention the agreed-upon amount to be paid, and that NO FURTHER ACTION WILL BE TAKEN IN THE FUTURE, regardless of newly discovered damages, affects to health, etc. Bring a Korean that you TRUST.

I would have the person write their bank information on the paper, and then after the agreement is signed by both parties, transfer the amount.


Thanks Joe for your advice... would text message confirming amount and agreed upon terms for it to be settled (in English) be sufficient enough?

I wouldn't, but I can tell that you really don't want to meet with the person. If your phone is registered to your name, keep ALL of the text interactions on your phone, send the money, and then immedaitely go to the phone service center to have the messages printed out. DON'T DELETE THEM!!! If you delete them from your phone, they are unrecoverable. Keep the print-outs, just in case.
Good luck.
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nora



Joined: 14 Apr 2012

PostPosted: Tue Jun 26, 2012 7:36 am    Post subject: Reply with quote

My experience involved the cops (traffic accident). We signed the paper in the police office, and we all had a copy - the police, me, the other guy.

Joe - if you don't mention the offense, then what's to stop the guy in the future from saying "no, he paid me for THIS offense, not THAT offense."

I would make sure that the specifics are listed in there. Again, I had an accident and it simply said that "Nora pays Korean guy xxx money as payment in lieu of prosecution and/or any other remuneration for the accident on xxx date."

Also, I would do it at a government office. You have to have a receipt or some other way to prove that the person who signed it is the person who was supposed to sign it. If you don't have a stamp on the paper and a receipt from the dong office saying that the stamp is legit, then it's not legit.

There are a lot of loopholes that you need to plug when you sign one of these papers.
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Joe Boxer



Joined: 25 Dec 2007
Location: Bundang, South Korea

PostPosted: Tue Jun 26, 2012 8:48 am    Post subject: Reply with quote

nora wrote:
My experience involved the cops (traffic accident). We signed the paper in the police office, and we all had a copy - the police, me, the other guy.

Joe - if you don't mention the offense, then what's to stop the guy in the future from saying "no, he paid me for THIS offense, not THAT offense."

I would make sure that the specifics are listed in there. Again, I had an accident and it simply said that "Nora pays Korean guy xxx money as payment in lieu of prosecution and/or any other remuneration for the accident on xxx date."

Also, I would do it at a government office. You have to have a receipt or some other way to prove that the person who signed it is the person who was supposed to sign it. If you don't have a stamp on the paper and a receipt from the dong office saying that the stamp is legit, then it's not legit.

There are a lot of loopholes that you need to plug when you sign one of these papers.

Ah, you're right, you need the stamp. I had forgotten about that.
As for the signing location, my experience was at a coffee shop, not a government office. The offence wasn't mentioned, but the date was. Witnesses were present and signed as well.
OP, to be on the safe side, do everything the way that nora outlined!
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Kuros



Joined: 27 Apr 2004

PostPosted: Tue Jun 26, 2012 3:44 pm    Post subject: Reply with quote

Here's a fill-in-yourself release of liability form: http://www.lawdepot.com/contracts/release-of-liability/

As others have mentioned, you'll want it translated into Korean and officially stamped.
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sigmundsmith



Joined: 22 Nov 2007

PostPosted: Fri Jun 29, 2012 12:05 am    Post subject: Reply with quote

Thanks for the advice. All discussions have been recorded and printed through text messaging.

To give a bit more information... the person in question requested X amount of won. I responded that if I pay the requested amount all matters would be finished and no further retribution (that covers a lot of ground) would take place ... the response was "YES".

Now, if the person comes back after the financial transaction has occurred (the money was transferred from bank to bank) they come back and say: "I don't know if it will be enough...." and that I will return the money and go through a lawyer (not verbatim but you get the basic idea)

If after I have transferred the money (under their stipulation - amount and time of payment) do they still have some legal proceedings that they could address if they transfer the money back?

All processes under their demand have been adhered too from my part. So I would like to know what step to take next.

Again, all of agreements have been adhered to and kept on text messages.
Edit: and reasons for the process of compensation are mentioned in the text messages (which are saved and printed) and like what was mentioned, coming back with other reasons of compensation for other incidents, there are no reticent of situations occurring.

I am just trying to get a clear picture.
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