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POC Default Options field group

Navigation:  Loans > Loan Screens > Bankruptcy and Foreclosure Screen Group > Bankruptcy Options Screen >

POC Default Options field group

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Use this field group to set defaults for the Bankruptcy POC dialog, which can be accessed from the Loans > Bankruptcy and Foreclosure > Bankruptcy Detail screen.

 

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Use the Always No checkbox fields to indicate whether each specified POC item number will automatically be set to No when the Bankruptcy POC dialog is accessed. The POC item numbers that can be set to Always No are as follows:

 

2. Claim Acquired From Someone Else (mnemonic BICAAN)

4. Claim amend one already filed (mnemonic BICANA)

5. Has anyone else filed a proof of claim for this claim (mnemonic BIOFAN)

6. Number Used To Identify Debtor (mnemonic BINIDN)

10. Claim based on lease (mnemonic BICBLN)

11. Claim subject to a right of setoff (mnemonic BIRSAN)

12. All or part of the claim entitled to priority under 11 U.S.C. ยง 507(a) (mnemonic BIEPAN)

 

Use the Rate Types radio buttons to indicate which Annual Interest Rates will be available for selection on POC item 9 Possible selections are Fixed Only, Variable Only, or Both (mnemonic BICSFO/BICSVO).

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