PKPU Suspension of Debt Payment Obligations Debt: a mechanism to achieve peace between debtors and creditors before/during bankruptcy. Example: In discussions of civil procedure law, the term “PKPU” is often used. Civil Procedure Law Reference…

…use A clause that regulates equal treatment of certain obligations (common in documents debt). Example: Credit agreements often contain a pari passu clause to protect the interests of creditors. Banking & Finance General Reference: banking,…

…(Borgtocht) A guarantee given by a third party for the benefit of the creditor to fulfill debt the debtor's obligations if the debtor himself does not fulfill his obligations

Roya Deletion of mortgage rights records from the land book after debt being paid off. Example: In discussions of principles, the term “Roya” is often used. Principles General Reference: legal principles

Equalization Seizure Seizure of goods to guarantee the execution of a judgment or payment debt under certain conditions. Example: The court considered equalization seizure before ordering a specific action. Civil Procedure Law General reference…

Subrogation Substitution of the creditor's position by a third party who pays the debt debtor. Example: In the discussion of principles, the term “Subrogation” is often used. Principles General reference: legal principles

Writ of execution Order to pay debt taxes and collection costs that have executorial power in accordance with the provisions. Example: The taxpayer submits a writ of execution in accordance with tax administration procedures. Tax Law General reference: provisions…

Literasi Hukum - Recently, we have been shocked by statements from Gerindra party cadre Sandiaga Salahudin Uno and Golkar party cadre Erwin regarding the Anies-Sandi 50 M Agreement. The reason being, both of them...

An excerpt of Shidarta's writing in Konstitusi Magazine regarding Rights and Obligations

Literasi Hukum - This article explains the legal basis for payment of illegal online loans according to positive law in Indonesia. The popularity of Online Loans It is not surprising that online loan applications...