The Settlement Of Problem Loans Through Underhand Sales Of Fiduciary Collateral PT. X Finance

  • TERRY VIDIA FAHRENZI UNIVERSITAS PEMBANGUNAN NASIONAL "VETERAN" JAWA TIMUR
Keywords: Non-performing Loans, Under-Hand Sales, Fiduciary Guarantees

Abstract

This study is aimed at finding out the reasons for the settlement of problem loans through under-the-hand sales of PT. X Finance, a form of settlement of problem loans through sales under the hands of fiduciary guarantees at PT. X Finance and factors hampering the execution of fiduciary collateral items and efforts to resolve them. This research uses the Empirical Juridical approach method, by researching in the field by interviewing respondents who are primary data and examining library material serving as secondary data (library research).

The results of this study indicate that PT. X Finance in carrying out the settlement of problem loans prefers selling under the hand because of the selling procedures that are simple and relatively fast and not many deductions are made on the sales proceeds. Form of settlement conducted by PT. X Finance is by way of negotiations giving a warning to the debtor. If the fiduciary provider fails the promise, the PT. X Finance sells underhanded by asking the debtor to sell their own collateral, then the results will be submitted to PT. X Finance to pay off the credit. If the debtor does not provide good faith and has even been given several opportunities to sell the collateral object himself, then what is done by PT. X, namely resolved through the court.

Keywords: Non-performing Loans, Under-Hand Sales, Fiduciary Guarantees

Published
2021-01-31