Bankruptcy

Debtors can be declared bankrupt in Thailand if they are over 2,000,000 Baht in debt as a company (Corporate Bankruptcy) or over 1,000,000 Baht in debt as an individual (Personal Bankruptcy).  

The Thailand bankruptcy proceeding can be initiated by the creditor against the debtor with the Bankruptcy Court.   

The Bankruptcy Court will provide oversight to liquidate & dissolve the business or restructure & rehabilitate the business if possible.  

We can assist with both Corporate & Personal Bankruptcy cases and represent either the debtor or the creditor.

Our bankruptcy lawyer service includes the following:

• Meeting with client to discuss the case.
• Review documents and provide advice.
• Provide list of supporting documents required.
• Summarize background facts in English and Thai.
• Represent client at the relevant Bankruptcy Court.
• Filing motions and evidence with the Bankruptcy Court.
• Attending Bankruptcy Court hearings.
• Negotiating with opposing counsel.
• Follow up until judgment or settlement of the case.
• Correspondence by email, telephone and in person meetings when necessary.