I lent money to my sibling, but there was no promissory note. Still, they faithfully sent 1% of the principal every month, but once the inheritance issue was resolved, they suddenly said it was "not borrowed money but support." On the other hand, my sibling also helped cover litigation costs, and now they say, "It was money I lent you, so pay it back."

This article analyzes a precedent in which the Seoul High Court recognized monthly regular interest payments over 20 years of family financial transactions as key evidence of a loan, and applied the suspension of the statute of limitations by treating the act of paying interest itself as acknowledgment of debt.

Click the blog link below and check the details.