Personal bankruptcy

Overview

If an individual can no longer meet his debt obligations, bankruptcy may be the only remaining option. It can help creditors looking to mitigate their exposure through asset realisation and the subsequent distribution of any surplus proceeds.

Here at PwC, we have extensive experience acting as Court-appointed Bankruptcy Trustees and giving pragmatic pre-bankruptcy advice.

Through helping clients investigate bankrupt individuals’ affairs, we have successfully uncovered hidden assets in Hong Kong and overseas, generating significant recoveries for creditors.

Working closely with stakeholders, we can draw up a plan to protect your rights as a creditor and achieve a financial recovery in a bankruptcy administration.