EXECUTION OF FIDUCIARY GUARANTEE IN MOTOR VEHICLE FINANCING AGREEMENT

Fiduciary guarantees are designed to facilitate public access to credit. However, various issues arise in their implementation, particularly concerning the execution of fiduciary guarantees and instances of arbitrary actions during the billing process. The problem of fiduciary guarantee execution ha...

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Bibliographic Details
Main Author: Kifah Akifah
Format: Article
Language:English
Published: faculty of law universitas lampung 2022-12-01
Series:Indonesia Private Law Review
Subjects:
Online Access:https://jurnal.fh.unila.ac.id/index.php/iplr/article/view/2783
Description
Summary:Fiduciary guarantees are designed to facilitate public access to credit. However, various issues arise in their implementation, particularly concerning the execution of fiduciary guarantees and instances of arbitrary actions during the billing process. The problem of fiduciary guarantee execution has garnered public attention following the Constitutional Court Decision No. 2/PUU-XIX/2021, issued on August 31, 2021. This decision is perceived to potentially simplify the process for financing companies in executing fiduciary guarantees. This research aims to (1) analyze the execution of fiduciary guarantees in motor vehicle financing agreements following the Constitutional Court Decision No. 2/PUU-XIX/2021, and (2) examine the legal enforcement concerning violations committed by debt collectors. The study employs a normative legal research method, utilizing a legal approach to address these issues.
ISSN:2723-259X
2745-9284