guarantee benefit for creditor and credit reconstruction effort during covid-19pandemic

Guarantee begins with the debtor credit agreement that followed with the handover of the objectguarantee by debtor to creditor, where the creditors are banks. if referred in the regulation article 1 point 2of constitution no. 10/1998 concerning on banking stated that bank is a business entity that raised fundfrom citizen in the form of deposits and channeling them to the public in the form of credit and/or in otherforms in order to improve the lives of many people. bank has the important role in economic, because oneof its function is giving the credit to citizen and helping the micro, small and medium enterprises. thisgiven credit must be accompanied by collateral or collateral provisions from the debtor because it was oneof the precautionary principal from bank, and also with the efforts to protect the creditor at any time thedebtor defaults. the covid-19 pandemic outbreak that had a profound impact on the entire life of societywas also influenced the problem of credit and guarantee. the collateral agreement which is an accessoireagreement (follow-up or accompanying) follows the main or principal agreement, that is preceded by acredit agreement (debt agreement), including on what if there is bad credit and what efforts should bedone by the bank so that it does not experience even greater losses. for this reason, the writer is veryinterested, to find out the extent of the benefits of the collateral object for creditors as well as creditrestructuring efforts during the covid-19 pandemic.