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

Each of these six field groups corresponds to a type of action that can be performed on the Loans > Bankruptcy and Foreclosure > Bankruptcy Detail screen: Dismiss, Withdrawn, Reaffirmation, Relief/Lift Of Stay, Discharge, and Close.

Use each of these six field groups to indicate options pertaining to that field group's corresponding action type.

lbfbo_transactionoptions

The options available in each of these transaction field groups are as follows:

Field	Description
Send Statement Mnemonics: BIDISS, BIWISS, BIRESS, BIRSSS, BIDSSS, BICLSS	When the Bankruptcy transaction is run, the system checks the Do Not Send Statement field. In other words, the account owner no longer receives statements. If this box is checked and then you run one of the action transactions listed above, the system will uncheck the Do Not Send Statement field and the account owner will resume receiving statements, if applicable. We advise you to check this box for Dismiss, Withdrawn, Relief of Stay, Close, and Reaffirmation transactions, because those transactions cause the borrower to continue making payments on their loan.
Advertise Mnemonics: BIDIAD, BIWIAD, BIREAD, BIRSAD, BIDSAD, BICLAD	When the Bankruptcy transaction is run, the system checks the Advertise field. In other words, the account owner no longer receives advertisements. If this box is checked and then you run one of the action transactions listed above, the system will uncheck the Advertise field and the account owner will resume receiving advertisements, if applicable. We advise you to check this box for Dismiss, Withdrawn, Relief of Stay, Close, and Reaffirmation transactions, because those transactions cause the borrower to continue making payments on their loan.
Unrestrict Phone Mnemonics: BIDIUP, BIWIUP, BIREUP, BIRSUP, BIDSUP, BICLUP	When the Bankruptcy transaction is run, the system flags phone numbers with a restriction of "13 - Contact Attorney Only." However, if this box is checked, and then you run one of the action transactions listed above, the system will change the restriction to "0 - No Restrictions." Therefore, your employees and collectors can continue calling the borrower concerning late or missed payments. We advise you to check this box for Dismiss, Withdrawn, Relief of Stay, Close, and Reaffirmation transactions, because those transactions cause the borrower to continue making payments on their loan.
Send Email Mnemonics: BIDISE, BIWISE, BIRESE, BIRSSE, BIDSSE, BICLSE	When the Bankruptcy transaction is run, the system flags email addresses with a restriction of "1 - No Email Allowed." However, if this box is checked, and then you run one of the action transactions listed above, the system will change the restriction to "0 - No Restriction." Therefore, your employees and collectors can continue emailing the borrower concerning late or missed payments, advertisements, or notices. We advise you to check this box for Dismiss, Withdrawn, Relief of Stay, Close, and Reaffirmation transactions, because those transactions cause the borrower to continue making payments on their loan.

Field

Description

Send Statement

Mnemonics: BIDISS, BIWISS, BIRESS, BIRSSS, BIDSSS, BICLSS

When the Bankruptcy transaction is run, the system checks the Do Not Send Statement field. In other words, the account owner no longer receives statements. If this box is checked and then you run one of the action transactions listed above, the system will uncheck the Do Not Send Statement field and the account owner will resume receiving statements, if applicable.

We advise you to check this box for Dismiss, Withdrawn, Relief of Stay, Close, and Reaffirmation transactions, because those transactions cause the borrower to continue making payments on their loan.

Advertise

Mnemonics: BIDIAD, BIWIAD, BIREAD, BIRSAD, BIDSAD, BICLAD

When the Bankruptcy transaction is run, the system checks the Advertise field. In other words, the account owner no longer receives advertisements. If this box is checked and then you run one of the action transactions listed above, the system will uncheck the Advertise field and the account owner will resume receiving advertisements, if applicable.

We advise you to check this box for Dismiss, Withdrawn, Relief of Stay, Close, and Reaffirmation transactions, because those transactions cause the borrower to continue making payments on their loan.

Unrestrict Phone

Mnemonics: BIDIUP, BIWIUP, BIREUP, BIRSUP, BIDSUP, BICLUP

When the Bankruptcy transaction is run, the system flags phone numbers with a restriction of "13 - Contact Attorney Only." However, if this box is checked, and then you run one of the action transactions listed above, the system will change the restriction to "0 - No Restrictions." Therefore, your employees and collectors can continue calling the borrower concerning late or missed payments.

We advise you to check this box for Dismiss, Withdrawn, Relief of Stay, Close, and Reaffirmation transactions, because those transactions cause the borrower to continue making payments on their loan.

Send Email

Mnemonics: BIDISE, BIWISE, BIRESE, BIRSSE, BIDSSE, BICLSE

When the Bankruptcy transaction is run, the system flags email addresses with a restriction of "1 - No Email Allowed." However, if this box is checked, and then you run one of the action transactions listed above, the system will change the restriction to "0 - No Restriction." Therefore, your employees and collectors can continue emailing the borrower concerning late or missed payments, advertisements, or notices.

We advise you to check this box for Dismiss, Withdrawn, Relief of Stay, Close, and Reaffirmation transactions, because those transactions cause the borrower to continue making payments on their loan.