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September 10, 2025International Journal of Law and Society

Legal Liability Framework of a Bankrupt Guarantor (Corporate Guarantee) Toward Creditors in Credit Agreements with Debtors

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Authors

MSMohammad Rizky SiregarMSMuthia SaktiIJIwan Erar Joesoef

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Overview

This research reveals complexities in corporate guarantees, suggesting bankruptcy does not terminate obligations to creditors.

Key Points

  • The research shows that a guarantor's bankruptcy does not automatically end their obligations under loan agreements.
  • Court Decision No. 318/Pdt.Sus-PKPU/2022/PN confirms that creditors retain rights during asset liquidation.
  • Normative legal research highlights jurisdictional conflicts between bankruptcy law and corporate guarantee obligations.
  • Findings indicate the need for improved legislative harmony in Indonesia's bankruptcy framework.

Cite This Study

Siregar et al. (2025) studied this question.

synapsesocial.com/papers/68c240deb210217d6479c4f0https://doi.org/10.62951/ijls.v2i3.649
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