Bankruptcy & Business Rehabilitation Lawyer in Nakhon Ratchasima (Korat)
Bankruptcy and business rehabilitation fall under the exclusive jurisdiction of the Central Bankruptcy Court, governed by the Bankruptcy Act B.E. 2483 (as amended). The key distinction: bankruptcy collects and distributes an insolvent debtor's assets among creditors, while rehabilitation lets a still-viable business restructure its debts and keep trading under a court-approved plan. Our team acts for both creditors (claims and debt proof) and debtors (rehabilitation petitions, plan drafting, defence), weighing the option that best protects the client before any filing.
Scope of bankruptcy lawyer work in Nakhon Ratchasima (Korat)
- Bankruptcy petitions (creditor-side)
- Business rehabilitation applications (debtor-side)
- Rehabilitation plans and creditor-meeting representation
- Practice before the Central Bankruptcy Court
- Debt-proof filing and claims before the official receiver
- Pre-litigation debt-restructuring and composition advisory
Process
- 1Assess assets versus liabilities and choose a track (bankruptcy / rehabilitation / negotiated composition)
- 2Compile debt documents, financial statements, and supporting evidence
- 3File the petition or application with the Central Bankruptcy Court
- 4Act before the official receiver — debt proof and creditors' meetings
- 5Draft or challenge the rehabilitation plan and follow through to final judgment
Documents to prepare
- •Evidence of the debt (contracts, debt acknowledgements, judgments)
- •Records of demand and default
- •Financial statements and asset/liability schedules (for entities)
- •Company affidavit and shareholder list (if the debtor is a juristic person)
- •ID card or passport of the petitioner
About our team in Nakhon Ratchasima (Korat)
Coverage for Nakhon Ratchasima (Korat) — gateway to the Northeast and a center of Thailand's automotive industry. We litigate at the Provincial Court and Region 3 Labor Court.
Korat hosts many automotive and electronics factories. We specialize in labor disputes, environmental cases, and commercial matters for manufacturers.
Courts we appear at in Nakhon Ratchasima (Korat)
- •Nakhon Ratchasima Provincial Court
- •Region 3 Labor Court
Covering Nakhon Ratchasima, Chaiyaphum, Buriram, and Surin
Past matters in Nakhon Ratchasima (Korat)
- Environmental case for factory in Korat industrial zone
Related services in Nakhon Ratchasima (Korat)
Contact our Nakhon Ratchasima (Korat) attorneys
We serve clients across Thailand. Initial consultation.
Frequently asked questions — bankruptcy lawyer in Nakhon Ratchasima (Korat)
1 questions answered