Research Article
Juridical Review of The Settlement of Lessee Agreements Due To Breach Conducted By Lessee To PT Angkasa Finance
@INPROCEEDINGS{10.4108/eai.6-5-2023.2333540, author={Muhammad Faisal and Mona Minarosa}, title={Juridical Review of The Settlement of Lessee Agreements Due To Breach Conducted By Lessee To PT Angkasa Finance}, proceedings={Proceedings of the 3rd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2023, 6 May 2023, Salatiga, Central Java, Indonesia}, publisher={EAI}, proceedings_a={ICLSSEE}, year={2023}, month={7}, keywords={leasing wanprestasi lessee}, doi={10.4108/eai.6-5-2023.2333540} }- Muhammad Faisal
Mona Minarosa
Year: 2023
Juridical Review of The Settlement of Lessee Agreements Due To Breach Conducted By Lessee To PT Angkasa Finance
ICLSSEE
EAI
DOI: 10.4108/eai.6-5-2023.2333540
Abstract
In Indonesia, over 50% of motor vehicle purchases are financed through credit. However, it is important to note that leasing and credit are two distinct financing options. Unlike credit, leasing does not necessarily involve finance companies or credit providers. Leasing, which originates from the English word "lease," refers to the activity of providing capital goods for use by individuals or companies for a specific period of time. According to the Financial Services Authority (OJK), leasing is a form of financing that involves providing capital goods on a lease with an option (finance lease) or a lease without an option (operating lease). The purpose of this study is to examine the consequences and resolution of a leasing agreement default. This research utilizes a descriptive normative juridical method, which aims to describe the legal process of handling a default on a leasing agreement.