Bankruptcy & PKPU (Suspension of Debt Payment Obligation)

Bankruptcy and PKPU (Penundaan Kewajiban Pembayaran Utang) are complex legal proceedings that require strategic planning and experienced representation. At DSDP Counsellors at Law, we provide full-spectrum legal services for both debtors and creditors, ensuring that financial interests are protected and business continuity is preserved wherever possible.

Our Services Include

1. Filing or Responding to Bankruptcy and PKPU Petitions

• Assisting debtors in filing for bankruptcy or PKPU petitions to restructure financial obligations.
• Representing creditors in responding to petitions and protecting their claims during proceedings.
• Ensuring all filings comply with Indonesian bankruptcy and commercial court regulations.

2. Negotiating Debt Restructuring Plans

• Facilitating negotiations between debtors and creditors to create fair and realistic restructuring plans.
• Drafting composition plans (rencana perdamaian) that balance creditor recovery with debtor sustainability.
• Supporting alternative settlements to minimize litigation costs and expedite resolution.

3. Representation in Commercial Court

• Acting as Applicant, Respondent, or Other Creditors in bankruptcy and PKPU hearings before the Commercial Court (Pengadilan Niaga).
• Preparing legal arguments, presenting evidence, and advocating for clients’ rights throughout the proceedings.
• Managing appeals and post-judgment enforcement when necessary.

4. Verification of Claims and Asset Settlements

• Assisting creditors in submitting and verifying claims during the PKPU or bankruptcy process.
• Supporting debtors in negotiating with creditors to ensure fair verification outcomes.
• Overseeing the settlement and distribution of assets in accordance with court-approved plans.

Why Choose Us

• Strategic Precision – We craft tailored strategies to protect financial interests in bankruptcy and PKPU cases.
• Dual Representation – Extensive experience representing both debtors and creditors.
• End-to-End Support – From petition filing to claim verification and asset settlements.
• Business-Oriented Approach – Focused on preserving continuity while resolving financial distress.