Bankruptcy Applications
Preparing and filing debtor or creditor bankruptcy petitions with the required financial disclosures before the competent UAE court.
UAE Bankruptcy Law · Federal Decree-Law No. 51 of 2023
Specialised legal representation led by Moustafa Nasr for bankruptcy applications, insolvency proceedings, financial restructuring and creditor–debtor disputes before UAE courts. Discreet, decisive and strictly confidential.
Response within one business hour · Dubai · Abu Dhabi · Sharjah · Ajman

15+
Years in UAE law
250+
Insolvency matters
Practice focus
A single, deliberately narrow practice: insolvency. Every mandate is handled personally, from first assessment to final court order.
Preparing and filing debtor or creditor bankruptcy petitions with the required financial disclosures before the competent UAE court.
Preventive composition and restructuring plans that protect operations, preserve licences and keep the business trading.
Debt recovery, claim submission, security enforcement and challenging preferential or void transactions.
Defending directors and owners against personal liability, travel bans, bounced-cheque and mismanagement claims.
Liquidation, trustee coordination, asset realisation and closure of mainland, free zone and offshore entities.
Representation in insolvency-related disputes, appeals and cross-border enforcement matters in the UAE.
Why clients choose this practice
Practice built entirely around the UAE Bankruptcy Law and the Financial Restructuring and Bankruptcy Unit.
Matters handled across UAE courts, DIFC and ADGM, including cross-border creditor claims.
Hundreds of filings, defences and restructuring plans argued before UAE judges and appointed trustees.
Consultations are privileged and confidential. Sensitive financial data never leaves the practice.
How it works
A private call to review your financial position, exposure and deadlines.
A clear written route: restructuring, bankruptcy filing, defence or settlement.
Documents prepared, filed and argued before the court and appointed trustee.
Client Feedback
Reviews from business owners, directors and individuals who have trusted Ask Consultancy with their most sensitive financial and legal matters.
"Moustafa guided our company through a complex restructuring without losing our trade licence. His calm, strategic advice saved jobs and gave us a clear path forward."
Khaled Al-Mansouri
Business Owner, Dubai
Financial Restructuring
"When a creditor threatened personal liability and a travel ban, Ask Consultancy responded immediately. The defence was prepared with precision and the matter was resolved discreetly."
Rami S.
Managing Director, Ajman
Bankruptcy Defence
"Professional, responsive and deeply knowledgeable about UAE insolvency procedure. We recovered a significant debt through the court process that had seemed impossible."
Fatima Hassan
CFO, Free Zone Company
Creditor Representation
"The consultation was confidential and the filing was handled from start to finish. I finally felt I had a specialist who understood the pressure I was under."
Omar Al-Farsi
Entrepreneur, Sharjah
Bankruptcy Filing
"Clear communication, strong courtroom presence and genuine care for the outcome. I would not hesitate to recommend Ask Consultancy for any insolvency matter."
Sara M.
Director, Commercial Firm
Insolvency Litigation
"A cross-border claim involving multiple jurisdictions was handled with clarity and determination. The team kept us informed at every stage."
Mohammed Al-Rashid
Investor, UAE
Cross-Border Debt Recovery
Answers
Confidential enquiry
Share a short summary of your situation. You will receive a direct response from a bankruptcy and insolvency specialist — not a call centre.