Korean Personal Rehabilitation Payment Calculator
Estimate your monthly repayment and discharged debt under Korea's personal rehabilitation system
Enter your monthly income, household size, total debt, and repayment period, and this tool estimates your monthly repayment, total repayment, repayment ratio, and how much debt is likely to be discharged under Korea's personal rehabilitation (gaein hoesaeng) system, using the statutory minimum cost of living set at 60% of the standard median income. It's a quick way for anyone weighing a rehabilitation filing to gauge the burden ahead. All calculations happen in your browser, so your income and debt figures never reach a server.
도구를 불러오는 중…
🔒 Everything runs 100% in your browser. Your files and input are never uploaded to any server.
How to use
- Enter your average monthly after-tax income.
- Enter your total debt principal.
- Select your household size, including yourself.
- Choose a repayment plan length (36, 48, or 60 months) and your estimate appears immediately.
FAQ
- Will the court approve the exact repayment ratio shown here?
- No. This is a rough estimate based on the minimum cost of living. The ratio actually approved depends on factors like the liquidation value guarantee principle and review by the rehabilitation commissioner.
- How is the minimum cost of living determined?
- It applies 60% of the standard median income published by Korea's Ministry of Health and Welfare, scaled to your household size.
- Is the income and debt information I enter stored?
- No. Everything is calculated inside your browser and nothing is sent to a server.