Best Bankruptcy & Debt Lawyers in Indonesia

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TNC & FRIENDS LAW FIRM
Yogyakarta, Indonesia

Founded in 2020
7 people in their team
Indonesian
English
Arabic
Javanese
Bankruptcy & Debt Bankruptcy Debt & Collection +1 more
TNC & FRIENDS is a professional and trusted law firm in handling various legal issues in Indonesia. We are supported by experienced advocates, lawyers, legal consultants, sharia business legal consultants, legal auditors, certified mediators, tax lawyers, legal drafters and the experts of law....

Founded in 2020
4 people in their team
Indonesian
English
Bankruptcy & Debt Bankruptcy Credit Repair +2 more
Lawyers with experience in handling legal challenges encountered by individuals and legal entities founded Law Office Risky Dendy Partner Advocate Receiver and Administrator. The firm resolves matter through both non-litigation and litigation methods. Law Office Risky Dendy Partner Advocate...

Founded in 2015
8 people in their team
Indonesian
English
Bankruptcy & Debt Bankruptcy
We are Fully-Serviced Corporate and Commercial Law Firm with wide experiences throughout Indonesian law practices with a proven track record of success. Formerly known as Alexander Waas & Associates, we grow as a leading Law Firm and transformed to be Alexander Waas Attorneys at Law, PLLC.Each...
MA&P Lawyers
Jakarta, Indonesia

Founded in 2014
5 people in their team
Indonesian
English
Bankruptcy & Debt Bankruptcy Debt & Collection +2 more
We are a prime service law firm oriented and our legal services specialized intended to resolve the dispute through litigation procedure and alternative dispute resolution. Our comprehensive services aiming in client satisfaction and giving high commitment of quality. Our law firm is supported with...

Founded in 2023
English
Kantor Hukum Arief Kresna Wira Prasdyantoro, S.H., M.H. & Associates (AKWP & Associates) was established in 2023 by Arief Kresna Wira Prasdyantoro, S.H., M.H., a seasoned advocate and member of the Indonesian Advocates Association (PERADI) with experience since 2020. The firm offers comprehensive...

English
LAW IS ME LAW FIRM (Kantor Pengacara & Hukum LIM) is a Yogyakarta based practice that advises individuals and businesses on family law, business and corporate matters, taxation, licensing, civil disputes, and land or agrarian issues. The firm represents clients in courts and before administrative...

Founded in 2016
English
Mahendra & Co. Law Firm (Semarang Office) stands out as a leading full-service law firm providing comprehensive legal solutions in bankruptcy, criminal justice, employment law, and general practice. The firm's multidisciplinary team is composed of experienced attorneys recognized for their deep...

English
Gopta Law Firm - Kantor Pengacara & Kantor Hukum - is a distinguished legal practice in Indonesia, offering comprehensive services across multiple disciplines, including corporate law, bankruptcy, civil and criminal litigation, family law, real estate, and trial advocacy. The firm's team of...
TRIMURTI LAW OFFICE

TRIMURTI LAW OFFICE

30 minutes Free Consultation
Jakarta, Indonesia

Founded in 2007
4 people in their team
English
Indonesian
We are seasoned advocates with expertise across key areas of Indonesian law, including family, corporate, agrarian, and property law.We operate with full transparency—guiding you through how the law applies to your situation, so you can plan your legal steps with confidence. Every cost is...

Founded in 2016
English
Panatagama Law Office, established in 2016 by Andri Prawira Panatagama in Bandung, Indonesia, has evolved into a comprehensive legal firm offering specialized services in family law, including divorce and inheritance matters, as well as business law, bankruptcy, insurance, taxation, and trial...
AS SEEN ON

About Bankruptcy & Debt Law in Indonesia:

Bankruptcy & Debt in Indonesia is governed by the Bankruptcy Law and related regulations. When individuals or companies are no longer able to pay off their debts, they may file for bankruptcy to reorganize their finances or liquidate assets to repay creditors.

Why You May Need a Lawyer:

It can be challenging to navigate the complex legal processes involved in bankruptcy and debt in Indonesia. A lawyer can help you understand your rights, represent you in court, negotiate with creditors, and ensure your interests are protected throughout the process.

Local Laws Overview:

In Indonesia, bankruptcy proceedings are regulated by Law No. 37 of 2004 on Bankruptcy and Suspension of Debt Payment Obligations (PKPU). This law outlines the procedures for bankruptcy, including debt restructuring and asset liquidation.

Frequently Asked Questions:

1. What are the different types of bankruptcy in Indonesia?

In Indonesia, there are two types of bankruptcy: voluntary bankruptcy, where the debtor initiates the process, and involuntary bankruptcy, where creditors petition the court to declare the debtor bankrupt.

2. How long does the bankruptcy process typically take in Indonesia?

The bankruptcy process in Indonesia can vary depending on the complexity of the case, but it usually takes several months to several years to complete.

3. Can individuals file for bankruptcy in Indonesia, or is it only for companies?

Both individuals and companies can file for bankruptcy in Indonesia if they are unable to repay their debts.

4. What are the consequences of bankruptcy in Indonesia?

Bankruptcy in Indonesia can result in the liquidation of assets to repay creditors, restrictions on conducting business, and damage to the debtor's credit rating.

5. How can a lawyer help me in a debt settlement negotiation?

A lawyer can represent you in negotiations with creditors, help you develop a repayment plan, and ensure your rights are protected during the settlement process.

6. What are the alternatives to bankruptcy in Indonesia?

Alternatives to bankruptcy in Indonesia include debt restructuring, debt settlement, and informal negotiations with creditors.

7. Can bankruptcy be reversed in Indonesia?

In certain circumstances, bankruptcy can be reversed in Indonesia if the debtor can prove that they are able to repay their debts or if there are errors in the bankruptcy declaration.

8. How can I protect my assets during a bankruptcy in Indonesia?

A lawyer can advise you on the best strategies to protect your assets during bankruptcy proceedings, such as exempt assets and legal defenses against creditor claims.

9. What are the key legal requirements for filing for bankruptcy in Indonesia?

To file for bankruptcy in Indonesia, the debtor must prove that they are insolvent and unable to repay their debts, and they must comply with the legal requirements outlined in the Bankruptcy Law.

10. How can I find a reputable bankruptcy lawyer in Indonesia?

You can research online, ask for recommendations from trusted sources, and schedule consultations with potential lawyers to find a reputable bankruptcy lawyer in Indonesia.

Additional Resources:

For more information on Bankruptcy & Debt law in Indonesia, you can visit the official website of the Ministry of Law and Human Rights or consult with the Indonesian Advocates Association (PERADI) for legal advice and resources.

Next Steps:

If you are facing bankruptcy or debt issues in Indonesia and need legal assistance, it is recommended to consult with a qualified bankruptcy lawyer who can guide you through the legal process, protect your rights, and help you achieve the best possible outcome for your situation.

Lawzana helps you find the best lawyers and law firms in Indonesia through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Bankruptcy & Debt, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Indonesia - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.