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Bankruptcy Trustee field group

Navigation:  Bankruptcy Information Screen > Names tab >

Bankruptcy Trustee field group

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Entry: System, alphanumeric

F/M: Yes

Mnemonic: See below

 

The Bankruptcy Trustee field group displays the trustee used by the Bankruptcy Courts to administer bankruptcy dealings on behalf of your institution and the account owner filing bankruptcy. The trustee must first be set up on the Loans > Payee > Payee Information screen. Once set up there, you can click selecttrusteebutton to designate the attorney for this account owner.

 

Not all bankruptcy proceedings use a trustee. Sometimes the trustee is the account owner's bankruptcy attorney. If a trustee is not used, leave these fields blank.

 

Once you select trustee, the address, phone, and contact person connected with that trustee is displayed in this field group.

 

See the following example of this field group, followed by field descriptions:

 

bankruptcytrusteefieldgroup

 

Field

Description

Trustee Name and Address

 

Mnemonic: CACOMP, CAA401, CAA402, CAA403, CACT40, CASTAB, CAZIP5

This displays the name and address of the trustee.

 

Note: You can set up trustees on the Loans > Payee > Payee Information screen.

 

Trustee's Phone Number

 

Mnemonic: CAPHNE

This is the phone number of the trustee.

 

Trustee's Contact

 

Mnemonic: CACCON

This is the name of the person who should be contacted at the trustee's office concerning this case.

 

 

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