Common Contracts
1 similar Debt and Credit Agreement contracts
ANALISIS YURIDIS TERHADAP PENYELESAIAN SENGKETA UTANG PIUTANG DI BAWAH TANGANDebt and Credit Agreement • January 30th, 2024
Debt and credit agreements are considered valid and legally binding for the parties involved, even if they are in the form of underhand agreements, as stated in Article 1338 and Article 1320 of the Civil Code. This research discusses the legal requirements of debt and credit agreements, the consequences of default by one party, and methods for resolution. The study employs normative juridical and descriptive analysis. The study analyzed the data obtained from primary and secondary sources using qualitative methods. The legal basis for this research is derived from Article 1313 and Article 1320 of the Civil Code. The author discovered that many individuals enter into agreements under the hand, which requires legal action in case of default to ensure performance by the debtor.
