Legal Position of Separated Creditors in Settlement and Settlement of Bankrupt Estate

Abstract

Many people and legal entities need debt as one of the unavoidable options. Based on provisions of Article 1 number 6 in Law No. 37 of 2004 concerning Bankruptcy and Suspension of Debt Payment Obligations (hereinafter abbreviated as the Bankruptcy Law), what is meant by debt is an obligation stated in an amount of money, either Indonesian or foreign currency, either directly or arising in the future, which arises due to an agreement or due to law and which must be fulfilled by the debtor and if not fulfilled gives the creditor the right to be able to fulfill it from debtor's assets. This research uses normative juridical research.