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SUWANVARA LAWFIRM
Suwanvara Law Firm Co., Ltd.
SUWANVARA LAWFIRM
SUWANVARA LAWFIRM
Suwanvara Law Firm Co., Ltd.
Phetchabun

Bankruptcy & Business Rehabilitation Lawyer in Phetchabun

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 Phetchabun

  • 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

  1. 1Assess assets versus liabilities and choose a track (bankruptcy / rehabilitation / negotiated composition)
  2. 2Compile debt documents, financial statements, and supporting evidence
  3. 3File the petition or application with the Central Bankruptcy Court
  4. 4Act before the official receiver — debt proof and creditors' meetings
  5. 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 Phetchabun

Phetchabun is a highland farming province that has moved quickly into tourism, above all at Khao Kho and Phu Thap Boek. Converting farmland into accommodation has produced a distinctly local set of disputes: land rights overlapping forest and land-reform (Sor Por Kor) areas, accommodation-business licensing, and administrative cases against agencies issuing demolition or suspension orders.

Land carrying statutory restrictions is not fixed by writing a tighter contract — the restriction attaches to the land, not the agreement. We therefore establish the land classification and the true rights before planning anything, run the file from our Khon Kaen head office and Bangkok branch, and travel to appear at the Phetchabun and Lom Sak Provincial Courts.

Courts we appear at in Phetchabun

  • Phetchabun Provincial Court
  • Lom Sak Provincial Court
  • Phetchabun Juvenile and Family Court
  • Region 6 Labor Court (Nakhon Sawan)

Mueang Phetchabun, Lom Sak, Khao Kho, Wichian Buri, Nong Phai, Si Thep, and the areas continuing into Phitsanulok, Loei, and Chaiyaphum

Contact our Phetchabun attorneys

We serve clients across Thailand. Initial consultation.

Frequently asked questions — bankruptcy lawyer in Phetchabun

1 questions answered

The main difference is the statutory minimum debt threshold for filing, which is not the same for individual and corporate debtors. The strategy differs too — a viable business is usually better served by rehabilitation than liquidation, while for individuals the focus is proving genuine insolvency. We check whether the filing conditions are met and pick the most cost-effective route, including checking the current statutory minimum debt threshold for your situation.