One of our partner interview regarding his journey being published in kompasiana.com.

The settlement is one of the main tasks performed by the curator on the management of the property of the bankrupt debtor, where the settlement can only be performed after the bankrupt debtor is completely…

In a bankruptcy process, not all creditors are considered the same. The Bankruptcy Act provides the privileges for creditors whose rights are secured by the right of mortgage or pledge and also to the…

The bankruptcy petition is generally submitted by creditors who have receivables against the debtor, but such debtor may also apply for the bankruptcy of itself as stipulated in the Article 2 paragraph…

The verification activity is a verification activity and/or the settlement to all the debtor’s debts that is declared bankrupt which is conducted at the creditors meeting. The verification of receivables…

Pursuant to Article 24 Paragraph (1) of Law No. 37 on The Bankruptcy and The Suspension of Obligation for Payment of Debts (Bankruptcy Act), since the declaration for bankruptcy decision is rendered and…

Law of The Republic of Indonesia Number 37 of 2004 on The Bankruptcy and The Suspension of Obligation for Payment of Debts (Bankruptcy Act) affirms that the bankruptcy and the suspension of obligation…

Definition of bankruptcy according to R. Subekti is a joint effort to earn the payment for the parties who have receivables in a fair way. According to Zainal Asikin, bankruptcy is the event of the debtor…

Article 1 Point 5 Act No. 37 year 2004 concerning of The Bankruptcy and The Suspension of Obligation for Payment of Debts (Bankruptcy Act) defines the Curator is the Orphan’s Chamber or an individual…

Homologation is the ratification by the judges on the agreement between debtor and the concurrent creditor to terminate the bankruptcy. If the reconciliation proposed by the debtor is received by the…