Today’s Legal Enlightenment (Saturday, January 15, 2022)-DEBTOR ASSETS AUCTION
The debtor does not pay off his debt to the creditor within the agreed period, then the debtor is in default and the creditor can sell the auction of the debtor’s property that has been burdened with mortgage rights.
Supreme Court Decision No. 1995 K/Pdt/2012
Source: Book of DR. HP Panggabean S.H., M.S.
Regards,
Fredrik J. Pinakunary