Recently , Mr. R , an E-9 migrant worker who returned to Korea , requested consultation . He is said to have borrowed money from a certain capital company about a year ago due to unavoidable family circumstances . However, after repaying about 1/3 of the amount, I became sick and could not work properly , so I could no longer repay the money , and as time went by, the expiration date of my period of stay was approaching . Meanwhile , Mr. R , who had to leave the country , applied to receive departure maturity insurance (= severance pay ) from the airport bank , but for some reason he did not receive a penny and returned home due to time constraints . Since he could not understand what the bank employee was saying , he contacted our center as soon as he arrived in his home country .

Accordingly, we checked the reason for non-payment to Samsung Fire & Marine Insurance and found that the capital company had seized Mr. R 's departure maturity insurance money . In the case of Mr. R , the loan amount to be repaid (including late fees) was slightly more than 50% of the departure maturity insurance amount , but even in this case, at least 50% of the insurance amount can be received . According to the Civil Execution Act ( Article 246 ) , it is prohibited to seize 50% of severance pay in order to maintain the debtor's minimum standard of living . In the end, after Mr. R agreed to pay the remaining 50% of the insurance money to the creditor , he received only 50% of the insurance money . Meanwhile , Mr. R , who fails to repay the full loan , will remain on his record as a defaulter and may face various disadvantages when he re-enters Korea in the future .