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

Bankruptcy & Business Rehabilitation Lawyer in Phitsanulok

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 Phitsanulok

  • 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 Phitsanulok

Phitsanulok is the hub of the lower North and the crossing point of the Indochina corridor, with warehousing, transport, hospitals, and a large university. The caseload is a hub-city mix: commercial contracts and trade-debt recovery, property and rental disputes, criminal and online-fraud matters, service-sector labour cases, and public procurement work.

Trade-debt recovery and procurement disputes are decided mainly on documents and chronology, not on negotiation alone. We assemble the document set and fix the sequence before filing so nothing is conceded at the hearing stage. The file is run from our Khon Kaen head office and Bangkok branch, and we travel to appear at the Phitsanulok Provincial Court as scheduled.

Courts we appear at in Phitsanulok

  • Phitsanulok Provincial Court
  • Phitsanulok Juvenile and Family Court
  • Region 6 Labor Court (Nakhon Sawan)

Mueang Phitsanulok, Wang Thong, Bang Rakam, Phrom Phiram, Nakhon Thai, and the areas continuing into Sukhothai, Phetchabun, and Phichit

Contact our Phitsanulok attorneys

We serve clients across Thailand. Initial consultation.

Frequently asked questions — bankruptcy lawyer in Phitsanulok

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.