Beginner’s Guide to Choosing the Best Bankruptcy Lawyers in Kuala Lumpur
Filing for bankruptcy is a way to restructure your finances rather than the end of the road. While your auditors and accountants are crucial, bankruptcy also involves legal considerations. The best bankruptcy lawyers in Kuala Lumpur can help you navigate these complexities and improve your outcomes.
In Malaysia, bankruptcy is an option if you owe more than RM100,000.00 and can’t repay your debts. Both debtors and creditors can initiate bankruptcy proceedings, which aim to resolve outstanding debts. The Insolvency Department’s statistics reveal numerous bankruptcy cases each year.
Handling bankruptcy alone is challenging, and representing yourself (pro se) can be difficult. Our guide highlights why a skilled lawyer is essential and helps you find reliable attorneys. Check out our Top 10 list of the best bankruptcy lawyers in Kuala Lumpur who are ready to assist you.
What Are Bankruptcy Lawyers?
Bankruptcy is a legal process that helps individuals or businesses seek relief from debt through court orders. It doesn’t erase debts but creates a framework for repayment or recovery. In Malaysia, bankruptcy cases are handled by the High Court, with a trustee managing assets.
A good bankruptcy lawyer should be familiar with Malaysia’s bankruptcy laws and insolvency regulations. They manage all aspects of filing and represent either creditors or debtors. Key services include:
- Advising on bankruptcy procedures and strategies
- Organizing financial records
- Preparing and filing legal documents
- Drafting motions and responses
- Negotiating settlements
- Representing clients in court
Why Do You Need Bankruptcy Lawyers?
Bankruptcy is a complex legal process, and lawyers are trained to handle its intricacies. They ensure you understand legal terms, procedures, and regulations and protect your rights.
Accurate submission of financial records and documents is critical. Errors can lead to case dismissal or inadequate protection of your rights. A lawyer helps assess if bankruptcy is suitable and avoids practices like hiding assets.
Lawyers also handle creditor interactions, preventing harassment and reducing stress. They ensure a complete discharge, avoiding future issues.
Each bankruptcy case is unique, and a lawyer can provide personalized advice and stability during a difficult time.
Where Should I Find the Best Bankruptcy Lawyers in Kuala Lumpur?
Bankruptcy can result from various issues, including failed businesses or financial mismanagement. Seeking professional legal help is crucial to managing this situation effectively.
Bankruptcy is a legal matter that benefits from expert assistance. Our list of the best bankruptcy lawyers in Kuala Lumpur features highly respected attorneys with strong track records and extensive experience.
You can trust these top professionals for exceptional legal representation with a focus on your needs.
Here Are the Top 10 Best Bankruptcy Lawyers in Kuala Lumpur
Thomas Philip
| Company Name: | Thomas Philip |
| Website: | https://www.thomasphilip.com.my/ |
| Email Address: | tp@thomasphilip.com.my |
| Address: | 5-1, Jalan 22A/70A Wisma CKL, Desa Sri Hartamas, 50480 Kuala Lumpur |
| Operating Hours: | Monday to Friday: 8:30 AM-5:30 PM |
How & Hospera
| Company Name: | How & Hospera |
| Website: | https://howhospera.com.my/ |
| Email Address: | enquiry@howhospera.com.my |
| Address: | C-5, 8, Plaza, 2, Jalan Kiara, Mont Kiara, 50480 Kuala Lumpur, Federal Territory of Kuala Lumpur |
| Operating Hours: | Monday to Friday: 9 AM-5 PM |
Gibb & Co.
| Company Name: | Gibb & Co. |
| Website: | https://gibblawyers.com/ |
| Email Address: | admin-kl@gibblawyers.com |
| Address: | E-23-3, Menara Suezcap, KL Gateway Office, Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia. |
| Operating Hours: | Monday to Friday: 8:30 AM-5 PM |
CBE (Chan Ban Eng & Co)
| Company Name: | CBE (Chan Ban Eng & Co) |
| Website: | https://cbe.law/ |
| Email Address: | enquiries@cbe.law |
| Address: | Menara RKT, Level 9, No. 36, Jalan Raja Abdullah Off Jalan Sultan Ismail, 50300 Kuala Lumpur, Malaysia. |
| Operating Hours: | Monday to Friday: 9 AM-5 PM |
Low & Zhi Associates
| Company Name: | Low & Zhi Associates |
| Website: | https://lzalegal.com/ |
| Email Address: | lowzhigeneral@gmail.com |
| Address: | Level 23-1, Premier Suite, 1 Mont’ Kiara, 1, Jalan Kiara, Mont Kiara, 50480 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur |
| Operating Hours: | Monday to Friday: 8:30 AM-5 PM |
Wong Wei Fan & Co
| Company Name: | Wong Wei Fan & Co |
| Website: | https://wwflegal.com.my/ |
| Email Address: | office@wwflegal.com.my |
| Address: | 16-2, Jalan Solaris 3, Solaris Mont Kiara, 50480 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia |
| Operating Hours: | Monday to Friday: 9 AM-6PM |
MahWengKwai & Associates
| Company Name: | MahWengKwai & Associates |
| Website: | https://mahwengkwai.com/ |
| Phone Number: | +603-7887 2702 |
| Address: | Level 10-1, Tower B, Menara Prima, Jalan PJU 1/39, Dataran Prima, 47301 Petaling Jaya, Selangor, Malaysia |
| Operating Hours: | Monday to Friday: 9 AM-6 PM |
Foo Leong Tan & Chan
| Company Name: | Foo Leong Tan & Chan |
| Website: | https://fltclegal.com/ |
| Email Address: | general@fltclegal.com |
| Address: | 25B, Jalan TK 1/11a, Taman Kinrara Seksyen 1, 47180 Puchong, Selangor. |
| Operating Hours: | Monday to Friday: 9 AM-6 PM |
P. E. LIM
| Company Name: | P. E. LIM |
| Website: | https://pelim.my/ |
| Email Address: | +601156727813 |
| Address: | 36, Jalan Dato Jamil Rais (14/15), Seksyen 14, 46100 Petaling Jaya, Selangor |
| Operating Hours: | Monday to Friday: 9 AM-5:30 PM |
Yeoh & Partners
| Company Name: | Yeoh & Partners |
| Website: | https://yeohpartners.com/home/ |
| Contact Number: | +603-76659008 |
| Address: | Unit 727, Block A Kelana Centre Point, Jalan SS 7/19, 47301 Petaling Jaya, Selangor |
| Operating Hours: | Monday to Friday: 9 AM-5:30 PM |
End of List on the Top 10 Best Bankruptcy Lawyers in Malaysia
Malaysia Brands Assistance
Need help on finding the Best Bankruptcy Lawyer in Kuala Lumpur? Reach out to us by letting us understand your requirement and Malaysia Brands will refer you to the right provider in Kuala Lumpur to discuss further your needs.
