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5 Top-performing Bankruptcy Lawyers in Singapore

5 Top-performing Bankruptcy Lawyers in Singapore

How we picked

Experience and Qualifications

Seeking help from a qualified professional is crucial when bankruptcy is a possibility. Always check their credentials and background before sealing the deal.

Scope of Services and Specialization

While some firms specialize in a number of services, it is best that you work with a professional with ample knowledge and experience on bankruptcy laws.

Professionalism

Given that bankruptcy is a sensitive issue, choose a lawyer that is not only an expert, but is also respectful and reliable.

Customer Satisfaction

At the end of the day, the best lawyer is the one that solves your problem. With that, check customer feedback and reviews of how good they are at their profession.

Transparency and Affordability

While lawyers aren’t cheap, their services still shouldn’t break the bank. With that, communicate well with your chosen lawyer, and make sure that you get the bang for your buck.

1. Tembusu Law LLC

Tembusu Law LLC Homepage

Website: https://www.tembusulaw.com/

Location: 1 Keng Cheow St, #02-05 The Riverside Piazza, Singapore 059608

Contact Info: +65 8886 0278

Working hours: Open 24 hours

Services: Litigation and Dispute Resolution (including Insolvency and Restructuring), Corporate and Commercial, Criminal Defence, and Family Law

Google Reviews4.9/5
Other Reviews5/5
Total reviews4.9/5
Score consistency 4.9/5
Experience and Qualifications5/5
Scope of Services and Specialization4.5/5
Professionalism5/5
Customer Satisfaction5/5
Transparency and Affordability5/5

Pros

  • Available for 24 hours
  • Tailor-fit and personalized legal solutions 
  • Flexible and affordable rates
  • High caliber service with good feedback
  • Free consultations

Cons

  • Small team of lawyers
  • Not as responsive online

If you’re looking to work with a full-service law firm specializing in Bankruptcy law, then we recommend you check out Tembusu Law.

Not only do they tailor-fit their legal solutions as the client requires, but they also keep their rates flexible and affordable. We also love how well they communicate their process to their clients.

Tembusu Law is a firm of many expertise, and this includes civil litigation, commercial and corporate, criminal defense, and family law. When it comes to bankruptcy, they guide their clients throughout the process, while helping them file for relief.

Another thing we love about the firm is how they rid the stigma that comes with bankruptcy by educating the visitors on their website. They let people know that the true purpose of bankruptcy services is to help settle debts, which is best done at the earliest time.

In addition to that, they also offer free consultations to new prospective clients.

It must also be noted that Tembusu Law is a small team of lawyers, so they may not be able to handle a large number of cases simultaneously. 

However, their team is composed of hand-picked expert professionals with impressive credentials. With that, it’s safe to say that these lawyers are capable of providing the best solutions to your legal concerns.

Old clients are also generous enough to leave positive feedback on their performance of the Tembusu Law professionals.

2. IRB Law LLP

IRB Law LLP Homepage

Website: https://irblaw.com.sg/

Location: 119 Jalan Sultan, Singapore 199008

Contact Info: +65 6298 2537

Working hours: Mon to Sat: 9:30AM to 6:00PM; Sun: 11:30AM to 4:30PM

Services: Family Law; Bankruptcy, Restructuring and Insolvency; Estate Planning, Corporate and Commercial, Shariah Law, Litigation and Dispute Resolution

Google Reviews4.8/5
Other Reviews4.8/5
Total reviews4.8/5
Score consistency 4.8/5
Experience and Qualifications4.5/5
Scope of Services and Specialization5/5
Professionalism5/5
Customer Satisfaction4.5/5
Transparency and Affordability5/5

Pros

  • Highly personalized approach
  • Focus on trust, integrity and transparency
  • A large but young team; innovative and modern
  • Wide range of services with international experience

Cons

  • Relatively young firm with less experience
  • Bankruptcy law is not their top specialty

Contrary to the common belief that legal services are fixed and standardized, IRB is one of the more modern firms that personalize their approach. This is especially the case when it comes to bankruptcy law.

Their specialization covers six areas, and they are quite responsive online. We also love how they market their services with a highlight on trust, integrity and transparency.

In fact, they were hailed as one of Singapore’s best law firms in 2022, according to The Straits Times.

However, one thing to bear in mind is that IRB Law is a relatively young company, so they may not be your best bet if you highly value experience. Still their team has grown exponentially over the years due to good performance and dedication.

Their large team of lawyers offer their services both to individuals and corporate identities. They are able to do this by effectively leveraging technology and using modern approaches to problem solving.

Another thing we admire about IRB Law is that wherever they find cost savings, they always transfer these to their clients. With that, they are able to better support their clientele, especially those dealing with bankruptcy.

Moreover, their team was able to represent clients, not only in Singapore courts, but also in other countries. They consulted and represented in Malaysia, China, India, and even Romania.

3. Darshan and Teo LLP

Darshan and Teo LLP Homepage

Website: https://www.darshan.com.sg/

Location: 1 North Bridge Rd, #17-06 High Street Centre, Singapore 179094

Contact Info: +65 6334 1822

Working hours: Weekdays: 9:00AM to 7:00PM; Weekends: CLOSED

Services: Corporate and Commercial Law, Dispute Resolution, Insolvency and Restructuring, Criminal Law, Property and Conveyancing, and Debt Recovery

Google Reviews5/5
Other Reviews4.6/5
Total reviews4.8/5
Score consistency 4.8/5
Experience and Qualifications4.5/5
Scope of Services and Specialization4.5/5
Professionalism4.5/5
Customer Satisfaction5/5
Transparency and Affordability5/5

Pros

  • Wide range of accessible services
  • Client network of individuals from all walks of life
  • Boutique legal services
  • Good market reputation
  • Affordable cost

Cons

  • Not the best pick for large enterprises or companies
  • Small team of lawyers

If large law firms seem intimidating to you and you prefer the boutique legal experience, then we recommend this small but top-performing team.

Darshan and Teo is a boutique firm offering full services to a clientele network based in Singapore. They are considered as one of the most reputable, with experts when it comes to debt recovery.

While they are great when it comes to bankruptcy law, their specialization is on Dispute Resolution and Corporate Transactions. They also offer a wide range of services in their office.

One thing that impressed us about Darshan and Teo is their dedication to client satisfaction and care. They aim to make legal services accessible, and they cater to a client network from all walks of life.

This means that they are not only advocating for accessible legal service, but they also keep such services affordable – especially to common folk in need of it. Because of this, they have many appreciative clients.

Then again, they may not be the best choice for large companies having trouble with insolvency and debt restructuring. So we highly recommend Darshan and Teo to smaller enterprises.

Furthermore, what we love about this firm is that it also acts as a one-stop office for Indian national entrepreneurs looking to put up a start-up in Singapore.

4. Emerald Law LLC

Emerald Law LLC Homepage

Website: https://emeraldlaw.com.sg/

Location: 3 Shenton Way, #11-10 Shenton House, Singapore 068805

Contact Info: +65 8182 2380

Working hours: Weekdays: 9:00AM to 10:00PM; Weekends: CLOSED

Services: Civil Litigation including Bankruptcy, Shariah Law, Contractual Disputes, Corporate Law, Intellectual Property, Personal Protection Orders, Family Law, Criminal Litigation and Personal Injury

Google Reviews4.9/5
Other Reviews4.6/5
Total reviews4.75/5
Score consistency 4.75/5
Experience and Qualifications5/5
Scope of Services and Specialization4.5/5
Professionalism5/5
Customer Satisfaction5/5
Transparency and Affordability4.5/5

Pros

  • Established firm with a wide range of services
  • One of the most recommended firms
  • Ample knowledge in Finance
  • Free consultation

Cons

  • Unavailable on weekends
  • Costly rates

Formerly known as B. Rao and K.S. Rajah, Emerald Law is one of the more established firms in this list. It was hailed as one of the Legal 500 in the Asia Pacific and Singapore’s Best Law Firms in 2021 according to The Straits Times.

They offer a wide range of services, so if you’re looking for a firm to stick to and work with on various legal concerns, then Emerald Law may be a good choice.

While they have many services on their portfolio, we took note that one of their joint managing partners is an expert in Finance. That said, we believe his expertise can be of great help to clients in need of bankruptcy help.

We see that their rates may not be as affordable as the other options in this list. Then again, we also checked customer feedback and we saw that clients get the value of the money they paid for.

Emerald Law also offers legal consultations for free, while keeping an active and responsive online contact line for anyone with inquiries.

Furthermore, one key thing that we love about the team in Emerald Law is that they assign lawyers according to their specialty. So, if you’re in need of services in Bankruptcy Law, you are guaranteed the guidance and support of an expert in that field.

5. Oon and Bazul LLP

Oon and Bazul LLP Homepage

Website: https://oonbazul.com/

Location: 36 Robinson Rd, #08-01/06 City House, Singapore 068877

Contact Info: +65 6223 3893

Working hours: Weekdays: 9:00AM to 6:00PM; Weekends: CLOSED

Services: Banking and Finance, Corporate, Fraud and Asset Recovery, Mergers and Acquisition, Real Estate, Employment, Litigation and Dispute Resolution, Private wealth and Family, and Restructuring and Insolvency

Google Reviews4.6/5
Other Reviews5/5
Total reviews4.8/5
Score consistency 4.8/5
Experience and Qualifications5/5
Scope of Services and Specialization5/5
Professionalism5/5
Customer Satisfaction5/5
Transparency and Affordability4.5/5

Pros

  • Experts on large-scale industry sectors
  • Best choice for large companies and enterprises
  • Award-winning and established
  • Rehabilitative measures under bankruptcy law service
  • Great clientele network reputation

Cons

  • Costly rates
  • Unavailable on weekends

Another established law office known for being one of the fastest growing firms with global reach is Oon and Bazul. 

They have garnered multiple awards since 2018 up to the present year. This includes the Legal 500 Asia Pacific, Singapore’s Best Law Firm and Ranked Practitioner of AsiaLaw in 2022.

That said, we consider them the best choice for large multi national companies and enterprises. We also noted how they are also experts in industry sectors like Insurance, Infrastructure, Shipping, Oil, and Gas.

It must also be noted that they are a relatively large team of lawyers, with each professional an established expert in their chosen field.

They also offer a broad list of services under diverse practice areas. While this makes them a great choice for bigger entities, we may not recommend this to individuals on a budget or SMEs.

What caught our eye with Oon and Bazul is their effective rehabilitative measures and crisis management for clients facing financial distress. Past clients attest to their support and performance, which may have greatly contributed to their good reputation.

Moreover, clients in need of insolvency and debt restructuring services are assigned experts to work with them, not just during consultancy, but throughout the journey. Their brand of service truly did garner the trust of many in their client network, if not all.