Closing the Loophole

The regulation on the moratorium of filings for bankruptcy and the debt payment postponement has the potential to bring about a crisis in the future. It is prone to abuse by crooked debtors.

Fery Firmansyah

September 13, 2021

THE government must be very cautious in issuing the regulation on the temporary moratorium on bankruptcy filings and the suspension of debt payment (PKPU). If it is applied across the board, the policy could have serious implications and have the potential to bring about a crisis in the future. This incentive is prone to abuse by crooked debtors who would use crises as an excuse to not repay their debts.

In the middle of the

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GW

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