advance payment Archives | Be Korea-savvy

Delinquent Parents Face Tougher Penalties as Child Support Cases Rise

SEOUL, Aug. 27 (Korea Bizwire) — Starting next month, South Korea will strengthen its child support advance payment system to prevent delinquent parents from evading enforcement by making only partial payments, the Ministry of Gender Equality and Family said Tuesday. The program, launched in July 2024, allows the government to provide unpaid child support directly [...]

Citizens Make Payments in Advance to Support the Self-employed

BUSAN, Jan. 11 (Korea Bizwire) — As the COVID-19 pandemic is threatening the livelihood of self-employed South Koreans, an increasing number of local citizens are lending helping hands by joining a movement to make payments in advance. A 40-something housewife surnamed Kim living in Seo District, Busan recently made an advance payment to the Taekwondo [...]