The Position of Creditors of Individual Collateral Holders In Insolvency Law

This researcher aims to find out about the rights of creditors individual collateral holders in norms Law No. 37 2004 on Insolvency and Delay Debt Payment Obligations. The researcher's method uses norrmative law with a statutory problem approach conceptual approach. Broadly speaking, position guarantees Bankruptcy if insurer debtor are declared bankrupt simultaneously, then it is concurrent creditor all assets as bankruptcy property. In process managing releasing property, that division property at bottom, because principle can but many while few, potentially do not get share or even be very small percentage. So who weak distribution When bankrupt, include have right make default lawsuit accordance Article 1243 kuhper insurer, enactment debtor's insufficient debt. mechanism fulfilling achievements guarantee holder creditors, namely execute object directly without having apply for bail execution court, after registered institution, certificate will issued has executory power.