- Contents
- Index
Bankruptcy Codes
The following table lists the bankruptcy codes that Latitude by Genesys supports. Your organization can add other bankruptcy codes as needed. The system determines the bankruptcy code using the legal milestone dates specified for the account. The system uses a default bankruptcy code for accounts with a bankruptcy chapter but no legal milestone dates.
|
Code |
Description |
|
A |
Petition for Chapter 7 bankruptcy. |
|
B |
Petition for Chapter 11 bankruptcy. |
|
C |
Petition for Chapter 12 bankruptcy. |
|
D |
Petition for Chapter 13 bankruptcy. |
|
E |
Discharged through Chapter 7 bankruptcy. |
|
F |
Discharged through Chapter 11 bankruptcy. |
|
G |
Discharged through Chapter 12 bankruptcy. |
|
H |
Discharged and completed through Chapter 13 bankruptcy. Report when consumer completes all payments through the Chapter 13 plan. |
|
I |
Chapter 7 bankruptcy dismissed. |
|
J |
Chapter 11 bankruptcy dismissed. |
|
K |
Chapter 12 bankruptcy dismissed. |
|
L |
Chapter 13 bankruptcy dismissed. |
|
R |
Reaffirmation of debt. |
|
Q |
Removes Bankruptcy Indicator (A through P, and Z) reported previously or Personal Receivership Indicator (1A). Also used to report bankruptcies that closed or terminated without being discharged or dismissed. Note: Don't report "Q" as a default value. Fill with a blank instead. |
|
Z |
Bankruptcy - Undesignated chapter. |