Estudiante Law Journal
VOL. 7 No. 2 JUNE 2025

The Creditor's Role as the Fiduciary Guarantee Recipient in Movable Property Rights Protection System

Rauf, Nur'Ainun Sri A. (Unknown)
Abdussamad, Zamroni (Unknown)
Fazri Elfikri, Nurul (Unknown)
Fathurrohman, Aulia (Unknown)



Article Info

Publish Date
28 May 2025

Abstract

The execution process of fiduciary guarantees in bankruptcy cases in Indonesia faces significant legal challenges. Although Law No. 42 of 1999 on Fiduciary Guarantees grants priority rights to creditors holding fiduciary guarantees, its implementation is often hindered by unclear procedures and inconsistencies between fiduciary guarantee law and bankruptcy law. This study aims to analyze the obstacles creditors face in executing fiduciary guarantees in bankruptcy cases and to find legal solutions to enhance legal certainty for creditors. The research method uses a normative approach, analyzing relevant regulations and court rulings, and comparing fiduciary guarantee law with bankruptcy law. The results indicate that legal uncertainty, a 90-day execution suspension after bankruptcy, and the role of the receiver, which delays the execution of fiduciary guarantees, are the main barriers. Therefore, it is recommended to implement legal reforms that provide clearer and more efficient execution procedures and ensure better protection of creditors' rights in bankruptcy situations. Thus, this study contributes to improving the fiduciary guarantee legal system in Indonesia.

Copyrights © 2025






Journal Info

Abbrev

eslaw

Publisher

Subject

Law, Crime, Criminology & Criminal Justice

Description

Estudiante Law Journal is a peer reviewed journal published by the Faculty of Law, Universitas Negeri Gorontalo. This journal is published three times every February, July and November of the same year. EsLaw aims to be a scientific and research journal for all legal observers and activists with a ...