Legal Dictionary

Concurrent creditor

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Creditor concurrent Creditor without specific collateral where payments are made proportionally from the bankruptcy estate. Example: In financing, creditor concurrent becomes an important document/concept for managing risk. Banking & Finance Ref…

Legal Dictionary

Separate creditor

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Creditor separate Creditor holder of collateral who has the right to execute the collateral as if bankruptcy did not occur, with certain limits. Example: In financing, creditor separate becomes an important document/concept for managing…

Legal Material • 31 Dec 2023

Criminal Legal Remedies in Indonesia: Types, Requirements, and Procedures

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Learn about the types, conditions, and procedures third party opposition (derden verzet) to disputed land. Learn how to protect your land rights with complete information here. law criminal law in Indonesia: appeal, cassation, pre-trial, and case review. Complete guide!

Legal Material • 01 Mar 2026

Can a Debtor Be Criminally Charged? Here's the Legal Explanation

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…can a person who is unable to pay debts be prosecuted or only experience a breach of contract according to law Indonesia.

Legal Dictionary

Syndicated loan

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Syndicated Loan Financing provided by several banks/creditor to one debtor based on a joint agreement. Example: Credit agreements often include syndicated loans to protect the interests of creditor. Banking & Finance…

Opinion • 09 Mar 2024

Is Nominee Arrangement Allowed in Cooperative Asset Ownership?

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This article discusses Nominee Arrangement in Cooperative Asset Ownership, the gap between regulations regarding the recording of Cooperative assets and the practices in the field which are still...

Opinion • 18 Jan 2024

Fiduciary Agreement in Vehicle Credit Transactions

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- This article discusses the Law - Recently, there have been many cases of forced and arbitrary vehicle withdrawals by third-party services used by financing/leasing companies, in this case debt c...

Legal Material • 18 Jan 2026

Civil Summons: Valid Procedure & Evidentiary Power in Court

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Learn about the valid procedures, evidentiary power, and effective conditions of civil summons in resolving disputes in court.

Legal Material • 04 Apr 2024

Mortgage Execution as Collateral in Banking Credit Agreements

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Understand the vital role of banks in business financing and how banks manage credit risk. Learn about mortgages as credit collateral, the process of encumbrance and execution, including auctions and...

Opinion • 08 Jan 2026

Consignment, Valid Payment in Financing Credit for Customers/Debtors

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…valid payments in non-performing loans. Protect the rights of debtors from unwarranted payment refusals law that are clear.