As a starting point, 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. Liquidating assets and restructuring finances in order to prevent insolvency has numerous legal challenges as well. Our team of multi-lingual bankruptcy lawyers provide access to specialist business and financial consultation services, and navigate clients through the bankruptcy minefield.
Our bankruptcy attorneys work jointly with our corporate, litigation and finance lawyers when representing a debtor in an insolvency situation. We 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 to prepare in order to maintain assets and avoid as much as possible foreclosure and repossession. Our bankruptcy law experts help clients by obtaining value from corporate assets, favorable 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. We work across business and legal disciplines to provide long-term, realistic solutions to debt-related problems.