Legal Protection Against Bad Debtor Who is Bound by the Fiduciary Liability Insurance Against Auction Conducted by Creditor in Padang City
The execution of the fiduciary liability insurance, based on the fiduciary liability insurance certificate, has the executive power that is the same as the court decision that has obtained permanent legal force. The right to execute arises since a default occurs by a debtor whose creditor has the ri...
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International journal of multicultural and multireligious understanding
2019-07-01
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doaj-d0f055b992294879a2da1d5fa77864832020-11-25T01:52:36ZengInternational journal of multicultural and multireligious understandingInternational Journal of Multicultural and Multireligious Understanding2364-53692364-53692019-07-016374475310.18415/ijmmu.v6i3.898526Legal Protection Against Bad Debtor Who is Bound by the Fiduciary Liability Insurance Against Auction Conducted by Creditor in Padang CityTaufiq Hidayat Putra0Busyra Azheri1Dasman Dasman2Faculty of Law, Andalas UniversityFaculty of Law, Andalas UniversityFaculty of Law, Andalas UniversityThe execution of the fiduciary liability insurance, based on the fiduciary liability insurance certificate, has the executive power that is the same as the court decision that has obtained permanent legal force. The right to execute arises since a default occurs by a debtor whose creditor has the right to sell the object of the fiduciary liability insurance on his own power through auction. The purpose of this study was to find out how the execution process of the fiduciary liability insurance carried out by the company to the bad debtor and the form of legal protection against the bad debtor who is bound by the fiduciary liability insurance after the collateral object is auctioned by the creditor. After the auction is conducted, the author is interested in conducting a research discussing on the forms of legal protection against debtor who is bound by the fiduciary liability insurance after the collateral object is auctioned by the creditor. This research applies empirical juridical method by using primary and secondary data. The results of the study found that legal protection for bad debtor, who is bound by the fiduciary liability insurance after the collateral object is auctioned, is the elimination of fiduciary duties on objects guaranteed by fiduciary liability insurance and the return of the remaining credit obtained from the auction by the creditor to the debtor.https://ijmmu.com/index.php/ijmmu/article/view/898auctiondebtorfiduciary liability insurancelegal protection |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Taufiq Hidayat Putra Busyra Azheri Dasman Dasman |
spellingShingle |
Taufiq Hidayat Putra Busyra Azheri Dasman Dasman Legal Protection Against Bad Debtor Who is Bound by the Fiduciary Liability Insurance Against Auction Conducted by Creditor in Padang City International Journal of Multicultural and Multireligious Understanding auction debtor fiduciary liability insurance legal protection |
author_facet |
Taufiq Hidayat Putra Busyra Azheri Dasman Dasman |
author_sort |
Taufiq Hidayat Putra |
title |
Legal Protection Against Bad Debtor Who is Bound by the Fiduciary Liability Insurance Against Auction Conducted by Creditor in Padang City |
title_short |
Legal Protection Against Bad Debtor Who is Bound by the Fiduciary Liability Insurance Against Auction Conducted by Creditor in Padang City |
title_full |
Legal Protection Against Bad Debtor Who is Bound by the Fiduciary Liability Insurance Against Auction Conducted by Creditor in Padang City |
title_fullStr |
Legal Protection Against Bad Debtor Who is Bound by the Fiduciary Liability Insurance Against Auction Conducted by Creditor in Padang City |
title_full_unstemmed |
Legal Protection Against Bad Debtor Who is Bound by the Fiduciary Liability Insurance Against Auction Conducted by Creditor in Padang City |
title_sort |
legal protection against bad debtor who is bound by the fiduciary liability insurance against auction conducted by creditor in padang city |
publisher |
International journal of multicultural and multireligious understanding |
series |
International Journal of Multicultural and Multireligious Understanding |
issn |
2364-5369 2364-5369 |
publishDate |
2019-07-01 |
description |
The execution of the fiduciary liability insurance, based on the fiduciary liability insurance certificate, has the executive power that is the same as the court decision that has obtained permanent legal force. The right to execute arises since a default occurs by a debtor whose creditor has the right to sell the object of the fiduciary liability insurance on his own power through auction. The purpose of this study was to find out how the execution process of the fiduciary liability insurance carried out by the company to the bad debtor and the form of legal protection against the bad debtor who is bound by the fiduciary liability insurance after the collateral object is auctioned by the creditor. After the auction is conducted, the author is interested in conducting a research discussing on the forms of legal protection against debtor who is bound by the fiduciary liability insurance after the collateral object is auctioned by the creditor. This research applies empirical juridical method by using primary and secondary data. The results of the study found that legal protection for bad debtor, who is bound by the fiduciary liability insurance after the collateral object is auctioned, is the elimination of fiduciary duties on objects guaranteed by fiduciary liability insurance and the return of the remaining credit obtained from the auction by the creditor to the debtor. |
topic |
auction debtor fiduciary liability insurance legal protection |
url |
https://ijmmu.com/index.php/ijmmu/article/view/898 |
work_keys_str_mv |
AT taufiqhidayatputra legalprotectionagainstbaddebtorwhoisboundbythefiduciaryliabilityinsuranceagainstauctionconductedbycreditorinpadangcity AT busyraazheri legalprotectionagainstbaddebtorwhoisboundbythefiduciaryliabilityinsuranceagainstauctionconductedbycreditorinpadangcity AT dasmandasman legalprotectionagainstbaddebtorwhoisboundbythefiduciaryliabilityinsuranceagainstauctionconductedbycreditorinpadangcity |
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