Suspension of debt payment obligations (PKPU) and bankruptcy need not mean the end of a business. Both can serve as a structured means of restructuring.
Key Stages
- Filing the PKPU or bankruptcy petition
- Verification of creditors' claims
- Negotiating the composition plan (rencana perdamaian)
Conclusion
The right strategy from the outset helps debtors and creditors alike reach the most favourable outcome.
