Legal Protection for Village Credit Institutions (LPD) In Kerobokan Traditional Village as One of the Traditional Village Financial Business Entities in Resolving Bad Credit
A.A. Sagung Laksmi Dewi1, Desak Gde Dwi Arini2, Ni Made Puspasutari Ujianti3
Universitas Warmadewa
Abstract
Abstract The position of customary sanctions in resolving non-performing loans in Kerobokan Customary Village LPD is one type of banking law that is legally required to obtain legal protection so that legal certainty is clear to LPD customers. Legal protection for LPDs in this case is enforced because the legal umbrella is clearly stipulated in the Regional Regulation concerning LPD. Legal protection for PLD includes all LPD rights and obligations in the Regional Regulation concerning LPD, so that when there is bad credit by customers originating from outside the traditional village of Kerobokan basically based on "bad faith" with the aim of implementing civil sanctions and social sanctions so that all customers originating from either the Kerobokan traditional village or outside the Pakraman village are bound by a credit agreement. From this, it can be seen that the legal protection of the Kerobokan LPD in dealing with bad credit can be done by means of involving Bendesa Adat as an authority that has authority in traditional villages dealing with bad credit in implementing social sanctions. Forms of legal protection for LPD Kerobokan in resolving bad credit, namely legal certainty in the credit agreement must be clear the rights and obligations of the parties. And when one of the parties violates, the sanctions are expressly regulated in the credit agreement. Settlement of bad loans for customers given outside the Kerobokan Customary Village is a preventive legal effort, meaning that when signing a credit agreement it is understood that the rights and obligations of the parties and repressive actions mean that the parties are obliged to carry out the credit agreement in good faith. The application of civil law sanctions in the form of compensation and customary sanctions are social sanctions in the form of being broadcast in village paruman (community), deactivated as citizens (krama) banjar /village by customary villages and those who are convicted of criminal acts applied by imprisonment by the formal justice as a deterrent effect.
Keywords: Keywords: Legal Protection, LPD, Village-owned Enterprises, Bad Credit.
Topic: Management Science