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Rahmandika Reinhardiyan

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Open access Sep 2026

The Borgtocht (Suretyship) Paradox in Bankruptcy

Debtor bankruptcy presents complex legal issues when third-party assets pledged as collateral under a borgtocht (suretyship) arrangement are included in the bankruptcy estate, even though the third-party owner has not been declared bankrupt. This study examines the legal status of third-party collateral assets and the...

Rahmandika Reinhardiyan, Jum Anggriani · 0 citations

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