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Journal : Open Access DRIVERset

Comparison of Personal Guarantees and Collateral in Bank Credit Agreements and Leasing Financing Dewi, Ida Ayu Cintiya Kencana; Putra, I Made Aditya Mantara
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 Airo Kamta Perangin-angin ARTANAYA, Wayan Cokorda Istri Sarawasundhari Denisya, Ni Putu Dessy Lina Oktaviani Suendra Deswan Harapenta Ginting Deswan Harapenta Ginting Dewa Ayu Nyoman Trisnamurti Dewi, Ida Ayu Cintiya Kencana Gede Agung Wirawan Nusantara Gede Agung Wirawan Nusantara Gede Agung Wirawan Nusantara Hamidah, Elda Faizatul Hartini Sarifan Hartini Sarifan I A Cynthia Saisaria Mandasari I Dewa Agung Gede Mahardika Martha I Gede Wira Darma I Gusti Agung Ayu Gita Pritayanti Dinar I Gusti Nyoman Agung I Ketut Puja Wirya Sanjaya I Ketut Sukadana I Made Agus Surya Adi Putra I Made Agus Surya Adi Putra I Made Dedy Priyanto I Nyoman Alit Puspadma I Nyoman Alit Puspadma I Nyoman Budiartha I Nyoman Gede Sugiartha I Nyoman Gede Sugiartha I Nyoman Mahendra Guna I Nyoman Putu Budiartha 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 Putu Suwantara I Putu Suwantara I Wayan Egiarta Pramudana I Wayan Gede Purnayasa Wijaya I Wayan Gede Purnayasa Wijaya I Wayan Kartika Jaya Utama I WAYAN SUARJANA I Wayan Werasmana Sancaya I Wayan Werasmana Sancaya I Wayan Wesna Astara I. B. Gde Agustya Mahaputra IB Gede Agustya Mahaputra IB Gede Agustya Mahaputra IB. Gede Agustya Mahaputra Ida Bagus Gede Agustya Mahaputra Jessika Morisca Katu Johannes Ibrahim Kosasih Johannes Ibrahim Kosasih Johannes Ibrahim Kosasih Kadek Nadya Pramita Sari Karma, Ni Made Sukaryati Ketut Adi Wirawan Ketut Adi Wirawan Komang Krisna Yustika Putra Komang Sutriani Krisna Dwipayana Dira Putra Luh Gede Pradnyawati Luh Gede Pradnyawati Luh Made Mahendrawati Made Indra Wijaya Made Indra Wijaya Made Indra Wijaya Mulyawati, Kade Richa Ni Komang Arini Styawati Ni Komang Arini Styawati Ni Komang Trisna Desinta Ni Luh Putu Ratna Wahyu Lestari Ni Made Jaya Senastri Ni Made Jaya Senastri Ni Nyoman Sri Rahayu Damayanti Ni Putu Citra Juli Artini Ni Putu Denisya Ni Putu Erni Novayanti Putri Paramananda, N Patrick Samky Radjah Pradnyawati, Luh Gede Putri, Made Dhea Mulya Putu Budiartha, I Nyoman Ronald Hasudungan Sianturi Ronald Hasudungan Sianturi Siti Romlah Sujana, I Nyoman suryawan, Gusti Bagus Wijaya, Made Indra Willy Yohanes Siahaan Willy Yohanes Siahaan Wiryani, Made