Bankruptcy & Business Rehabilitation Lawyer in Phuket
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 Phuket
- 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 Phuket
Service for Phuket — Thailand's premier tourism and foreign investment hub. We specialize in real estate, villas, and Russian/Chinese investment.
Phuket has specific rules on foreign condo quotas and villas. We do title searches, 30-year leases, and lawful Thai company structures.
Courts we appear at in Phuket
- •Phuket Provincial Court
Phuket, Krabi, Phang Nga, and Trang
Past matters in Phuket
- 50M-THB villa transfer for Russian client
Contact our Phuket attorneys
We serve clients across Thailand. Initial consultation.
Frequently asked questions — bankruptcy lawyer in Phuket
1 questions answered