Debt Restructuring, Business Rehabilitation & Bankruptcy

We stand by your side through every stage of business rehabilitation and financial recovery providing structured, sustainable legal solutions to guide you through challenges with confidence.

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Debt Restructuring, Business Rehabilitation & Bankruptcy: The Path to Survival and New Opportunities

In the business world, economic fluctuations, liquidity shortages, or mismanagement can lead companies into financial crises. However, under Thai law, there are key legal mechanisms that provide businesses with the opportunity to recover and regain stability. These include debt restructuring, business rehabilitation, and a systematic bankruptcy process.

Debt Restructuring

Debt restructuring provides a pathway for negotiation with creditors to adjust repayment termssuch as debt reduction, extended repayment periods, or revised interest ratesallowing businesses to continue operations without entering into litigation or bankruptcy.

• Analyze the companys financial status

• Negotiate new agreements with creditors

• Develop a practical repayment plan

Business Rehabilitation

Business rehabilitation is a court-supervised process that allows debtors who are unable to meet their financial obligations to reorganize their operations under a rehabilitation plan. The objective is to reduce the debt burden, restructure the business, and restore it to sustainable operation.

• File a petition to the court for business rehabilitation

• Prepare a rehabilitation plan that balances the interests of both creditors and business owners

• Act as a plan administrator or provide legal advisory throughout the process

Bankruptcy

When a business can no longer recover, bankruptcy becomes the final option. The process ensures a fair distribution of assets among creditors and the orderly closure of the company.

• Provide legal consultation before entering bankruptcy proceedings
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• Represent debtors or creditors in bankruptcy litigation
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• Monitor repayment and asset distribution according to legal priority