Bankruptcy and Suspension of Debt Payment (PKPU) are legal mechanisms designed to handle financial difficulties when a company or individual is unable to meet their financial obligations. Bankruptcy is a court process where a debtor’s assets are liquidated to pay off creditors, while PKPU provides a temporary suspension, allowing debtors time to restructure their debt and reach an agreement with creditors without facing immediate liquidation.

These legal instruments offer protection to both creditors and debtors, ensuring fairness in debt collection and allowing debtors a chance to reorganize their financial obligations under court supervision. The PKPU process, in particular, emphasizes negotiation and compromise, giving businesses the opportunity to continue operations while they work towards resolving their debt.

Arti & Co offers expert legal counsel in managing bankruptcy and PKPU cases, helping clients navigate the complex legal framework. We assist debtors in restructuring their debts and negotiating with creditors, and represent creditors in protecting their interests during insolvency proceedings. Our team ensures that all legal measures are taken to achieve the best possible outcomes in each case.