Bankruptcy & Business Rehabilitation Lawyer in Phichit
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 Phichit
- 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 Phichit
Phichit is a farming province on the Nan floodplain, mainly rice and sugarcane, with mills and crop-buying yards spread across it. The disputes that actually arise are crop purchase contracts and payment default, agricultural debt through to enforcement sale, land and inheritance disputes inside farming families, and matters arising from local mining operations.
Agricultural debt that has reached the enforcement-sale stage still has several routes out, but each has its own deadline and arriving late means losing the right. We check the case status and time limits first, run the file from our Khon Kaen head office and Bangkok branch, and travel to appear at the Phichit Provincial Court as scheduled.
Courts we appear at in Phichit
- •Phichit Provincial Court
- •Phichit Juvenile and Family Court
- •Region 6 Labor Court (Nakhon Sawan)
Mueang Phichit, Taphan Hin, Bang Mun Nak, Pho Thale, Sam Ngam, and the areas continuing into Phitsanulok, Nakhon Sawan, and Phetchabun
Contact our Phichit attorneys
We serve clients across Thailand. Initial consultation.
Frequently asked questions — bankruptcy lawyer in Phichit
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