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Special Requests field group
Use the options in the Special Requests field group on the Bankruptcy Detail screen to indicate wither certain special restrictions are placed on customer accounts when filing for bankruptcy.
The fields in this field group are as follows:
Field |
Description |
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Mnemonic: BIPCIB |
Check this box to require users to convert precomputed loans to interest-bearing loans before they can process the bankruptcy transaction. If this is checked and a user attempts to process a bankruptcy transaction on an account, they will receive the following error message:
"The following accounts require the PC to IB transaction: NNNNNNN. Please highlight account number in the grid to convert."
Users would then need to select the account and click the PC to IB link, which brings up the Convert Precomputed to Simple where they can quickly convert the precomputed loan to an interest-bearing loan. See the following example:
Important: If this box is checked, you should also have the Show PC To IB Link box checked in the Links field group, so the PC to IB link will be displayed as shown above. |
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Require PC to IB at Confirmation
Mnemonic: BIPIAC |
Check this box to require users to convert precomputed loans to interest-bearing loans before they can process the the repayment plan for Chapter 13 bankruptcies. This option only affects precomputed loans and Chapter 13 bankruptcies.
If this option is set and a user tries to enter a Confirmation Date for a Chapter 13 bankruptcy on the Bankruptcy Detail screen for a precomputed loan (payment method 3), they will receive the following error message:
Important: If this box is checked, you should also have the Show PC To IB Link box checked. |
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Display Reaffirmation Dates Only
Mnemonic: BIDRDO |
The Display Reaffirmation Dates Only option determines whether the Standard or Simplified method of processing Reaffirmations is used on the Bankruptcy Detail screen.
•If this box is left blank, the Standard process will be used. •If this field is checked, the Simplified method will be used.
The Reaffirmation Rescinded and Relief/Lift of Stay radio buttons only appear in the Actions and Dates field group if this field is marked. |
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Allow File And Notice Dates Same Day
Mnemonic: BIFDND |
If the Allow File And Notice Dates Same Day box is checked, the Date Bankruptcy Filed on the Bankruptcy Detail screen is allowed to be today's date and the same date as the Notice Received. Also, the Notice Received date is allowed to be in the future. |
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Mnemonic: BIPLEX |
If CIM GOLD has been set up to interface with third-party bankruptcy transmissions at your institution (see Court Records Search for more information), the ability to automate bankruptcy processing is available. Mark this checkbox to enable this option. See below for more information.
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