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The Institution Options tab on the Bankruptcy Information screen shows the available institution options pertaining to bankruptcies. A check in the box by an option indicates that your institution uses that option. Options can only be set by FPS GOLD. If you would like an option changed, please submit a work order.
Click on any option below to see its description.
APCO—Accept Payments on Charge-offs
BKPM—Allow Payments on Hold Codes 4 and 5
BKLC—Keep Late Charges on Bankruptcy
KLLT—Keep Life of Loan Late Charges
LTBK—Do Not Assess Late Charges on Chapter 13
STBK—Stop All Billing Statements on Bankrupt Loans