Going under

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Going under

 
A convenience store near Itaewon Station in Yongsan District, central Seoul, is out of business on Monday. According to a yearbook published by the Office of Court Administration, courts received 50,379 applications for personal bankruptcy last year, 4,737 cases more than the previous year. The office attributes the personal bankruptcy surge to the prolonged Covid-19 pandemic. [YONHAP]

A convenience store near Itaewon Station in Yongsan District, central Seoul, is out of business on Monday. According to a yearbook published by the Office of Court Administration, courts received 50,379 applications for personal bankruptcy last year, 4,737 cases more than the previous year. The office attributes the personal bankruptcy surge to the prolonged Covid-19 pandemic. [YONHAP]

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