Navigation:  Bankruptcy Information Screen > Institution Options tab > BKLC - Keep Late Charges on Bankruptcy

Entry: System, checkbox

F/M: No

Mnemonic: None

 

If this option is marked, when the Bankruptcy By Name transaction is processed, all unpaid late charges will remain on the account.

 

If this option is not marked, when the Bankruptcy By Name transaction is processed, all unpaid late charges will be waived (tran code 570).