Law Termination of Default on Credit of Guna Bhakti

Muthmainah, O. K. Isnainul, Aisyah, Elvira Pakpahan

Abstract

Credit Activities for Bhakti, the BJB Bank has procedures that must be taken when applying for credit. The procedure was intended as a guideline for the BJB Bank in carrying out the Guna Bhakti lending process so that the implementation of credit activities is as planned. BJB Bank in distributing its credit applies the principle of prudence with the aim to reduce the risk of the emergence of non-performing loans (Non-Performing Loans) which can occur at any time. The aim was to find out the statutory arrangements for the implementation of granting credit for community service associated with legal services, due to legal defaults on loan agreements for devotional service and how responsible for the Province of North Sumatera education service was for bail out loans. This type of research uses empirical juridical and this research was analytical descriptive. Sources of Legal Materials used are primary, secondary and tertiary legal materials. The data collection technique was used library research and the researcher also conducts interviews. Data analysis was carried out in a qualitative way. The results of the study are the legal provisions for granting credit for community service associated with legal services including Article 1754 to 1769 Civil Code, Law Number 10 of 1998 concerning Amendments to Law Number 7 of 1992 concerning Banking and Law Number 21 of 2011 concerning the Financial Services Authority. The legal consequences of default on credit for devotional service are the responsibility of the provincial education service based on corporate guarantee. The responsibility of the agency was in the form of efforts to collect or deduct salary from the defaulter debtor.

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Paper Citation


in Harvard Style

Muthmainah., Isnainul O., Aisyah. and Pakpahan E. (2020). Law Termination of Default on Credit of Guna Bhakti.In Proceedings of the International Conference on Culture Heritage, Education, Sustainable Tourism, and Innovation Technologies - Volume 1: CESIT, ISBN 978-989-758-501-2, pages 500-507. DOI: 10.5220/0010326405000507


in Bibtex Style

@conference{cesit20,
author={Muthmainah and O. K. Isnainul and Aisyah and Elvira Pakpahan},
title={Law Termination of Default on Credit of Guna Bhakti},
booktitle={Proceedings of the International Conference on Culture Heritage, Education, Sustainable Tourism, and Innovation Technologies - Volume 1: CESIT,},
year={2020},
pages={500-507},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010326405000507},
isbn={978-989-758-501-2},
}


in EndNote Style

TY - CONF

JO - Proceedings of the International Conference on Culture Heritage, Education, Sustainable Tourism, and Innovation Technologies - Volume 1: CESIT,
TI - Law Termination of Default on Credit of Guna Bhakti
SN - 978-989-758-501-2
AU - Muthmainah.
AU - Isnainul O.
AU - Aisyah.
AU - Pakpahan E.
PY - 2020
SP - 500
EP - 507
DO - 10.5220/0010326405000507