Bankruptcy in Thailand
Bankruptcy in Thailand is a legal process designed to provide relief to individuals or businesses that are unable to meet their financial obligations. Governed by the Bankruptcy Act B.E. 2483 (1940) and its amendments, the law provides a framework for debt restructuring, asset liquidation, and the discharge of debts. Both creditors and debtors are involved […]
Fraud in Thailand
Fraud in Thailand. Fraud is a significant legal issue in Thailand, affecting both individuals and businesses. It involves intentional deception or misrepresentation to gain an unfair or unlawful advantage, typically involving financial loss to the victim. Thailand’s legal system takes fraud seriously, with various laws and regulations in place to address different types of fraud, […]
