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SUWANVARA LAWFIRM
Suwanvara Law Firm Co., Ltd.
SUWANVARA LAWFIRM
SUWANVARA LAWFIRM
Suwanvara Law Firm Co., Ltd.
Surat Thani

Bankruptcy & Business Rehabilitation Lawyer in Surat Thani

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 Surat Thani

  • 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 Surat Thani

Surat Thani is the largest province in the upper South, combining a mainland oil-palm and rubber base with Koh Samui, Koh Phangan, and Koh Tao — tourism and property markets with a large foreign buyer and operator population, substantial enough that Koh Samui has its own provincial court. The caseload splits into two worlds: agriculture and industry on the mainland, and property, visas, and hospitality on the islands.

Island work usually turns on landholding, long leases, and joint ventures with Thai partners — arrangements that are common but that frequently do not survive being tested in court. We establish first how far the existing structure is actually enforceable. The team works in Thai, English, and Chinese, runs the file from our Khon Kaen head office and Bangkok branch, and travels to appear at the Surat Thani and Koh Samui Provincial Courts.

Courts we appear at in Surat Thani

  • Surat Thani Provincial Court
  • Koh Samui Provincial Court
  • Surat Thani Juvenile and Family Court
  • Region 8 Labor Court (Phuket)

Mueang Surat Thani, Koh Samui, Koh Phangan, Phunphin, Chaiya, Wiang Sa, and the areas continuing into Chumphon, Nakhon Si Thammarat, and Krabi

Contact our Surat Thani attorneys

We serve clients across Thailand. Initial consultation.

Frequently asked questions — bankruptcy lawyer in Surat Thani

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.