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Islam, Democracy and Human Rights in Contemporary Indonesia9loss of the debtor%u2019s assets in the event that several creditorsrequest payment at the same time; Secondly, to prevent securedcreditors demanding the right of sale of the debtor%u2019s assetswithout regard to the interests of the debtor and other creditors;and thirdly, to avoid deception by the creditor or the debtor.For example, the debtor might try to benefit one or more of thecreditors only and so reduce the benefits available to the othercreditors, or try to protect its own assets rom access by creditors.The draft new Bankruptcy Law should cover severaladditional matters which are not regulated under the existingBankruptcy Law, such as the following: Firstly, the terms %u2018debt%u2019 and %u2018due and payable%u2019 should beexpressly defined to avoid any misunderstanding; Secondly, the terms and procedures for application for abankruptcy petition and to enforce suspension of payment,including the grant of grace periods in the application of thebankruptcy petition and suspension of payment, should bestated clearly and with certainty; Thirdly, the parties should be able to take interim action toprotect their positions, particularly creditors, in respect of thedebtor%u2019s assets before a decision is made on the bankruptcypetition: the creditor could request the court to place a securityattachment on all or part of a debtor%u2019s assets for a limited periodto prevent the debtor from disposing of the assets or grantingsecurity over them which would be detrimental to the creditorin recovering the debt from the debtor, while allowing the debtortime to negotiate alternative arrangements; Fourthly, terms relating to the role, rights, terms ofappointment, tasks and duties of the curator should be clearlydefined: the old Bankruptcy Law defined curator as the Probate