People’s Debt Management

Abstract

From the problems of most households, there was a form of debt formation and legal problems were caused by borrowing money, mortgages, and guarantees by incurring both formal and informal debts. People have no tendency to default. More debt repayment due to the large amount of debt that there are problems with managing the existing liabilities and no Accurate knowledge of legal impacts from debts that have been created until neglect to pay debts that are likely to There is an increased risk of legal enforcement proceedings. In addition, the problem of people Concerning relatively low level of financial literacy, little knowledge of interest calculations, and disregard for ability to pay off debt before incurring debt. and unplanned spending, including debt management, which mainly focuses on living conditions and behavior change, but lacks education on legal issues related to debt problems in the community will have consequences on the way law and people The importance of the public debt problem is something that cannot be denied. Legal problems can arise because they are closely related to each other. Because the law is about All people who need to know and use them as This is to apply the law to protect yourself and to create a Dharma to others Knowing the law is therefore one law enforcement policy for everyone to know as much as possible. People in that society will ignore the law, causing problems for law enforcement.