Navigation:  Loan Screens > Account Information Screen Group > Additional Loan Fields Screen > Valuation/Billing tab > Troubled Debt field group > Auto Hold Code 11

Entry: System, checkbox

F/M: Yes

Mnemonic: LNAHCD

Screen: Loans > Account Information > Additional Loan Fields > Valuation/Billing tab

 

If this field displays a checkmark, the system automatically puts a hold code 11 on the account if a late notice type 9 or 10 is produced for the account in the afterhours. If hold code 4, 5, 7, 9, or 27 are already on the loan, the 11 will not be added. The system checks the first and second Hold Code fields and places the 11 in one that is blank. If both fields have hold codes, the 11 is placed in the first field. Removal of the hold code must be performed manually by your institution. Note: Update function 67 must be set to "daily." Please submit a work order with your request, if you want to use this function. The system looks at the Holiday Schedule.