Monetary crisis in 1997 caused many entrepreneurs to loan for financing activities. Many entrepreneurs are compulsory to take debts from domestic or foreign companys to survive in competitive condition. That condition made a new problem. The new problem that aoccur is as the debt settelment. So, regulations are needed to guarantee creditor’s and debtor’s rights. Our government has made a regulation to guarantee the fulfillment of creditor’s and debtor’s rights. But, the regulation does not enough, because we do not have system which saves a creditor’s rights in bankruptcy procedure. From the above background, which the writing of this essay is to explain how the fulfillment of rights of creditors if debtor which bankrupt? This research is empirical research. The primary data are from interview result with informant who experts in bankruptcy procedure. The conclusion of the research indicates that fulfillment creditor’s right has not ended very well because there’s no consistency in bankruptcy procedure. A competence which given to the court of commerce to detained a not cooperative debtor rarely implemented. That condition is being inhibided to fulfiilment creditor’s rights. Other parties in bankruptcy procedure often not cooperative to each other too. This condition is used to get personal benefit. There should be a cooperative attitude between all of parties to fulfill the creditor’s right.