Foreclosed Collateral as an Alternative for Bad Credit Settlement in Indonesia

Authors

  • Muhammad Adam Furqon Jenderal Soedirman University, Indonesia
  • Sulistyandari Sulistyandari Jenderal Soedirman University, Indonesia
  • Tri Lisiani Prihatinah Jenderal Soedirman University, Indonesia

DOI:

https://doi.org/10.21564/2414-990X.164.287692

Keywords:

mortgage law, foreclosed collateral, non performing loan

Abstract

Credit loans have the risk of not fulfilling payment obligations. Therefore it is necessary to bind collateral to get a repayment with collateral. if it cannot be anticipated anymore, then lousy credit will occur and must be resolved immediately, credit settlement usually uses the execution of mortgage rights. However, there are alternative settlements regulated in article 12 an of the law of the Republic of Indonesia number 10 of 1998 concerning banking law, namely foreclosed collateral in practice, there are problems regarding the implementation of foreclosed collateral by verdict number 183/pdt/2020/PT SMG and verdict number 24/pdt.g/2019/PN Pti. This study aimed to analyze the implementation of foreclosed collateral as a way to resolve the problem of bad loans. The research method used is normative, using secondary data obtained from library research, including primary, secondary and tertiary legal sources. Therefore, the implementation of the foreclosed collateral taken over by verdict Number 183/PDT/2020/PT Smg is valid because it is through a voluntary submission mechanism, and verdict Number 24/Pdt.G/2019/PN Pti is invalid because there is no agreement and has an impact on debtors and creditors feel harmed.

References

Anshori, Abdul. G. (2020). Kapita Selekta Perbankan Syariah di Indonesia. Yogyakarta: UII Press.

Ulfa, Dhanita and Elis Deriantino Naiborhu,. (2023). The lending implication of a funding for lending scheme policy during COVID-19 pandemic: The case of Indonesia Banks. Economic Analysis and Policy. 78, 1059-1069. Retrieved from https://doi.org/10.1016/j.eap.2023.04.025

Pamungkas, Putra, Irwan Trinugroho, Wimboh Santoso and Rakianto Irawanto,. (2021). Is spin-off policy an effective way to improve performance of Islamic banks? Evidence from Indonesia. Research in International Business and Finance. 56, 152-187. Retrieved from https://doi.org/10.1016/j.ribaf.2020.101352

Pandoman, Agus. (2017). Prinsip-Prinsip Pembiayaan Yang Adil Sistem Hukum Perbankan Syariah. Yogyakarta : Sunrise..

Kasmir. (2018). Dasar-dasar Perbankan Edisi Revisi 2014. Jakarta: PT. Rajagrafindo Persada.

Jamil, N.K and Rumawi. (2020). Implikasi Asas Pacta Sunt Servanda Pada Keadaan Memaksa (Force Majeure) Dalam Hukum Perjanjian Indonesia. Jurnal Kertha Semaya. 8. 1044-1054..

Rahardjo, S. (1991). Ilmu Hukum. Bandung: Alumni.

Harahap, M. Yahya. (2007). Civil Procedure Law. Jakarta: Sinar Grafika.

Sutarno. (2005). Aspek-Aspek Hukum Perkreditan Pada Bank. Bandung: Alfabeta..

Warsito, B.R and Albertus Sentot Sudarwanto. (2019). Penyelesaian Kredit Macet Dengan Agunan Yang Diambil Alih (Ayda) Sebagai Upaya Perlindungan Kreditur di Perseroan Daerah BPR Bank Klaten. Jurnal Pasca Sarjana Hukum Universitas Negeri Solo. 7. 187-193

Moro, Andrea and Ibrahim Fatwa Wijaya. (2022) Trustworthiness and margins in Islamic small business financing: Evidence from Indonesia. 22 (1). S35-S46.Borsa Istanbul Review. Retrieved from https://doi.org/10.1016/j.bir.2022.10.010.

Indonesia, Ikatan Bankir, 2015, Bisnis Kredit Perbankan, PT. Gramedia Pustaka, Jakarta.

Rivai, Veithzal dkk, 2008, Islamic Financial Management (Teori, Konsep, dan Aplikasi Panduan Praktis Untuk Lembaga Keuangan, Nasabah, Praktisi, dan Mahasiswa, PT Raja Grafindo Persada, Jakarta.

Ciongaru, Emilian. 2014. Theory of Imprevision, a Legal Mechanism for Restoring of the Contractual Justice. Procedia - Social and Behavioral Sciences 149 (5). 174-179. Retrieved from https://doi.org/10.1016/j.sbspro.2014.08.183

Huang, Jun, Bienmali Kombate, Yun Li, Konan Richard Kouadio and Peijun Xie, Effective risk management in the shadow of COVID-19 pandemic: The evidence of Indonesian listed corporations. 9 (5). 1-21. Retrieved from https://doi.org/10.1016/j.heliyon.2023.e15744

Downloads

Published

2024-05-10

How to Cite

Furqon, M. A. ., Sulistyandari, S., & Prihatinah, T. L. (2024). Foreclosed Collateral as an Alternative for Bad Credit Settlement in Indonesia. Problems of Legality, (164), 266–284. https://doi.org/10.21564/2414-990X.164.287692

Issue

Section

Articles