Actress Kim Hye-sun Files for Bankruptcy

  • By Shin Su-ji

    March 12, 2018 13:16

    Kim Hye-sun

    Actress Kim Hye-sun has declared bankruptcy after being unable to pay off her W2.3 billion debt, sources said Sunday (US$1=W1,071). 

    Kim has said that her second husband, whom she married in 2004 but divorced in 2009, invested her money in businesses overseas and ran up a W1.7 billion debt. She claimed that her husband agreed to give her custody of her daughter only if she shouldered the debt.

    She then made matters worse for herself by investing W500 million in a business in 2012 which promptly went belly-up. Kim applied for court mediation in 2016 to repay part of her debts, but creditors rejected her proposal.

    Kim was a teen idol in the 1980s and 1990s but now mostly plays smaller parts in TV soaps.

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