Settlement of Default by the Debtor and Liability of the Creditor in the Pledge Agreement

The condition of people who are experiencing difficulties in the economic field, credit with collateral is needed by community and right choice meeting their needs as an addition to business capital meet daily needs. purpose this study explain phenomena that occur debt-receivable agreements pledged guarantees, phenomenon existence customers default. Customers also need know responsibilities a creditor. Research approach normative juridical analysis. legal basis for pawn agreement regulated Article 1150 Civil Code (Burgelijjk Weetboek). A arises relationship between debts guaranteed be repaid movable objects, so pawned goods hands Regarding matter, creditor must maintain was debtor. While debtor obliged pay creditors. If one parties does not fulfil its obligations, then has failed comply agreement. results from show consequence debtors have defaulted cancellation risk transfer. responsibility carried out due negligence on object same item, repair etc accordance occurred.