Korean Job Discussion Forums

[Ilsanman]

To make a long story short, my wife owes 14 million won to LG card for past hospital bills of sick family members (before we met). It's in her name, but my mother in law will pay it. Small inconvenience, no worries from me.


A lawyer friend of my mother in law's told her not to pay it. Ever. Apparently, when she goes back to Canada with me and later becomes a Canadian citizen, the debt can not be enforced anymore. Also, according to the same man, this is a very common thing in Korea. Most people who emigrate don't pay off their debt. Possibly even rack up debt before leaving on purpose.

[ilovebdt]

How honest of them.

ilovebdt

[Ekuboko]

14 million??!!

Don't they have credit limits on cards in Korea?!

[Return Jones]

Don't get too pissed off, but are you sure this is the kind of woman and family you want to spend the rest of your life with? It seems that your wife let a huge balance ride for a long time and now advocates skipping out on the bill.

[aarontendo]

[quote="ilovebdt"]How honest of them.

ilovebdt[/quote]

Heh credit card companies are some of the biggest pieces of crap floatin around the world, absolutely zero pity for em personally.

[Ilsanman]

I agree. Little sympathy, and even less for LG. Once a greedy Chaebol, always a greedy chaebol.

Return Jones, you clearly didn't read my original message. I said the money was spent to pay for hispital bills. More accurately, to save a family member's life. So yeah, I am sure I want to spend my life with her.

More to the story: Last year, she had 7 million won in the bank. She called LG card and asked them to eliminate the debt in exchange for 7 million. Many other Koreans have done the same, an the credit card companies sometimes accept.

LG Card said no, so my wife spent the money to go to hair college instead. Now LG Card won't get anything. Too bad for them.

[seoulshock]

Talk all the trash about LG if you want, but if it wasn't for them your wife's family members would still be sick.

She borrowed the money so she should pay it --- the fact that she isn't makes her a thief --- even if it is a 'greedy chaebol'.

Integrity is such a rare thing these days.

And my step-father, who I don't speak with often, did the same thing. He owed some money so he left the country.

His nephew got into some debt as well (shady business partner) and my step-father told him to flee to Canada. Instead... the nephew is still in Korea, and almost has the debt paid off, and it's a lot more than $14,000 or whatever your wife owes.

My cousin in Korea also co-signed a loan for his "hyung", who then ran off to the US and the company started hounding my cousin --- and he's been paying off the debt for the past four years now.

Your wife may end up not having to pay LG --- the people that saved her ass in the first place, but someone's gonna pay eventually... and who will that be? Other people who get credit cards and have to pay a high interest rate because of people like your wife... who then accuse LG of being 'greedy' for charing such high interest rates.

But hey -- do what you want. As long as you can admit she's a lowly thief... but trying to make her out to be some kind of hero or great person ... yeah right.

[Return Jones]

[tsgarp]

To the OP, I would really worry about my future if I were married to a person like either you or your wife. Talk about a couple of shady bums.

[bellum99]

You are right. They can't do anything to her. Get as many cards as you can and max out everything. She must stay in Canada though...she can't own anything in Korea. Korean do this all the time. Get the visa before you max out the cards and make sure there is nothing in her name (apartment, car, etc).

*** Note: If she does this, then she will have destroyed her credit in Korea.

[Ilsanman]

To each their own, if that's how you feel, I care not.

My mother in law is saying the old '안돼' I can't do that, we must pay it, but the lawyer friend is urging her not to bother.

Like I said, it's not my problem exactly. I was never expected to pay it. MOL will, or won't. That's her choice.

My wife's name was used b/c my MOL used up all of her credit already, and hospital bills were still rolling in.

Why isn't the family member around? He died, despite the hospital care.

LG should have done the smart thing and accepted the 7 million won from the family that has worked their ass off for the last 5 years trying to pay off debt, having not saved a penny.

So if I am shady for not paying debt from a person I never met, or whatever, then I guess I am shady. It might still be paid off yet. But apparently we don't have to.

Also, the post was meant to be a partial explanation on why the Korean credit card companies are hurting.

[Novernae]

[Pyongshin Sangja]

Are we talking about Medicare or credit cards?

How is it LG's fault that Korean Medical Insurance doesn't cover very much?

[Novernae]

[mervsdamun]