Foreclosed Collateral as an Alternative for Bad Credit Settlement in Indonesia
Muhammad Adam Furqon,
Sulistyandari Sulistyandari,
Tri Lisiani Prihatinah
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… Show more
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