cover
Contact Name
HENGKI TAMANDO
Contact Email
hengki_tamando@yahoo.com
Phone
-
Journal Mail Official
humala@iocscience.org
Editorial Address
-
Location
Unknown,
Unknown
INDONESIA
Journal of Law Science
ISSN : -     EISSN : 26849658     DOI : -
Core Subject : Humanities, Social,
Journal of Law Science is a journal aims to be a peer-reviewed platform and an authoritative source of information. We publish original research papers, review articles and case studies focused on law and judiciary as well as related topics. All papers are peer-reviewed by at least one referee. JHP is managed to be issued three times in every volume. The Scope of Journal of Law Science is: -Law: including civil law, criminal law, administrative law, military law, constitutional law, international law. -Judiciary: including judicial case management and management of the judicial apparatus.
Arjuna Subject : -
Articles 251 Documents
Executing mortgage auctions in insolvency: A study on normative conflicts, legal certainty, and separate creditor protection Br. Turnip, Lydia Fransiscani
Journal of Law Science Vol. 7 No. 4 (2024): Law Science
Publisher : Institute Of computer Science (IOCS)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35335/jls.v7i4.6616

Abstract

This paper discusses the normative asynchronousness between the Mortgage Rights Law (UUHT) and the Bankruptcy Law in the execution of mortgage collateral object auctions during insolvency. Secured creditors, such as banks, face restrictions in executing mortgage rights even though Article 6 of the UUHT normatively grants direct execution rights. This research utilizes a normative legal approach with techniques including analysis of legal regulations, a comparison of the Dutch and German legal systems, and literature review. The findings indicate that there is legal uncertainty in the practical execution of collateral object auctions during insolvency, and that the protection of secured creditors is limited and dependent on the interpretations of curators and courts. The author argues that the position of secured creditors, such as banks, should be given stronger legal certainty guarantees within the framework of property rights protection and legal certainty.