issued which interprets that default cannot be determined unilaterally by creditors. This
decision also stipulates that the collateral object cannot be executed directly, even though it
has a fiduciary guarantee certificate. The formulation of the problem in writing this thesis is
how the executorial power of the fiduciary guarantee object after the Constitutional Court
Decision Number 18/PUU-XVII/2019 and what are the legal consequences for creditors after …