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Journal : Open Access DRIVERset

Comparison of Personal Guarantees and Collateral in Bank Credit Agreements and Leasing Financing Ida Ayu Cintiya Kencana Dewi; I Made Aditya Mantara Putra
Kertha Patrika Vol. 47 No. 3 (2025): Reinterpreted Civil, Administrative, and Criminal Law into Indonesia Legal Dev
Publisher : Faculty of Law, Udayana University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24843/KP.2025.v47.i03.p05

Abstract

This study aims to analyse the effectiveness of guarantees in bank credit agreements and leasing financing, specifically comparing personal guarantees and collateral. Using a normative research method, this study investigates the regulations governing both types of guarantees from the perspective of Indonesian positive law. The objective of this study is to provide a better understanding of when and why each type of collateral should be used, as well as to identify challenges in its application. Through literature studies, analysis of legislation, and a review of court decisions, this study finds that collateral offers greater legal certainty and facilitates execution, especially when the collateral has a stable market value. Conversely, personal guarantees provide flexibility in collateralisation but are highly dependent on the guarantor's financial capacity and good faith. The results of this study are expected to provide recommendations for legal practice in the field of financing and assist creditors in selecting the optimal type of collateral for their situation.
Co-Authors A. A. Ngr Mayun Narindra AA Ngr Mayun Narindra Airo Kamta Perangin-angin ARTANAYA, Wayan Artini, Ni Putu Citra Juli Cokorda Istri Sarawasundhari Denisya, Ni Putu Dessy Lina Oktaviani Suendra Deswan Harapenta Ginting Dewa Ayu Nyoman Trisnamurti Gede Agung Wirawan Nusantara Hartini Sarifan I A Cynthia Saisaria Mandasari I Gede Wira Darma I Gusti Agung Ayu Gita Pritayanti Dinar I Gusti Bagus Suryawan I Gusti Bagus Suryawan I Gusti Nyoman Agung I Ketut Puja Wirya Sanjaya I Made Agus Surya Adi Putra I Made Dedy Priyanto I Nyoman Alit Puspadma I Nyoman Budiartha I Nyoman Gede Sugiartha I Nyoman Mahendra Guna I Nyoman Putu Budiartha I Nyoman Putu Budiartha I Nyoman Putu Budiartha I Nyoman Sukandia I Putu Satya Guna Dharma I Putu Satya Guna Dharma I Wayan Egiarta Pramudana I Wayan Gede Purnayasa Wijaya I Wayan Kartika Jaya Utama I WAYAN SUARJANA I Wayan Werasmana Sancaya I Wayan Wesna Astara I. B. Gde Agustya Mahaputra IB Gede Agustya Mahaputra IB. Gede Agustya Mahaputra Ida Ayu Cintiya Kencana Dewi Jessika Morisca Katu Johannes Ibrahim Kosasih Johannes Ibrahim Kosasih Ketut Adi Wirawan Komang Sutriani Krisna Dwipayana Dira Putra Luh Gede Pradnyawati Luh Gede Pradnyawati Luh Made Mahendrawati Made Indra Wijaya Made Indra Wijaya Mulyawati, Kade Richa Ni Komang Arini Styawati Ni Luh Putu Ratna Wahyu Lestari Ni Nyoman Sri Rahayu Damayanti Ni Putu Erni Novayanti Putri Ningrum, Ayu Dwi Paramananda, N Pemayun, Cok Istri Wulan Pradnyawati, Luh Gede Putra, I Nyoman Esna Parhita Putri, Made Dhea Mulya Ronald Hasudungan Sianturi Senastri, Ni Made Jaya Siti Romlah Wijaya, Made Indra Willy Yohanes Siahaan Wiryani, Made