Our leading Thai and expatriate bankruptcy lawyers explore all available debt relief options to avoid filing for bankruptcy, including consolidating/modifying loans, negotiating with creditors, loan refinancing, etc. However, bankruptcy can be a legal lifeline for some individuals and businesses faced with insurmountable debt. Our expert team of bankruptcy lawyers advise on how to file and the consequences and types of bankruptcy that are available in Thailand.
Petitioning the courts to release debtors from their legal liabilities can be complex in Thailand. Equally, liquidating assets and restructuring finances in order to prevent insolvency has numerous legal pitfalls for the unwary. Our diverse team of multi-lingual bankruptcy lawyers provide access to specialist business and financial consultation services, and are able to draw upon a wealth of legal experience to help clients navigate the bankruptcy minefield and achieve their commercial and operational goals.
Our bankruptcy attorneys work jointly with our corporate, litigation and financial services legal consultants and experts, and offer full-service legal capabilities. When representing a debtor in an insolvency situation, we have the expertise to negotiate with creditors on the pre-bankruptcy composition of debts, protect against creditor harassment and wage garnishment, defend brands and corporate names, explore tax exposure, and obtain protection for directors through contractual arrangements.
We advise on suitable legal measures to resist enforcement, and on how best to prepare in order to maintain assets and avoid foreclosure and repossession. Our bankruptcy law experts help clients by obtaining maximum value from corporate assets, favourable loan terms, equitable distribution of assets, and company closure or business renewal via reorganization or restructuring.
We offer legal solutions that are based on each client’s personal, business and financial situation and provide bankruptcy advice that is comprehensive, practical and lasting. Our bankruptcy attorneys routinely assist with debt relief, credit restoration and repair, as well as wealth rebuilding, and work across business and legal disciplines to provide long-term, realistic solutions to debt-related problems.