Democratic presidential candidate Lee Jae-myung said, "I will revise the civil law to prevent the inheritance of debts to underage children."
Candidate Lee, through the 43rd small but certain happiness, so-called 'sohaenghaeng' pledge posted on Facebook, "I will properly protect young people from taking their first steps into society as they become delinquents while carrying on their parents' debts they can't afford." He emphasized this.
Candidate Lee explained, "Our civil law has a limited approval system that allows parents to give up inheritance or take responsibility for their parents' debts only within the limits of their inherited property, but the legal representative must apply within three months from the date of knowing this fact." However, there are many cases in which legal representatives have taken on parental debt due to lack of legal knowledge or ability to respond.”
He added, "From 2016 to March 2021, 80 minors applied for personal bankruptcy due to the inheritance of their parents' debts."
Candidate Lee said, "In November 2020, the Supreme Court pointed out that a legislative alternative to protect minor heirs from these issues is necessary." We will improve it so that it can be approved within a limited period of time,” he said.
Candidate Lee also said, "The government and local governments have come forward to provide maximum legal support related to the inheritance of minors until the law is amended."promised.
(Photo = National Assembly Photo Reporters, Yonhap News)