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Home»Crypto News Flash»Policy»South Korean court: Personal bankrupt can still get debt relief even if cryptocurrency prices rise and turn a profit after the amount of losses is determined

South Korean court: Personal bankrupt can still get debt relief even if cryptocurrency prices rise and turn a profit after the amount of losses is determined

Policy July 5, 2022
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The Seoul Bankruptcy Court in South Korea said after determining the amount of losses for individual bankrupts.

Even if the price of the stock or token held turns a profit, this will not be reflected in the debt repayment amount, but will continue to provide debt relief.

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