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Pre-Petition Arrearage field group

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Pre-Petition Arrearage field group

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This field group contains the summary of amounts paid towards the pre-petition arreage balance during the repayment period.

 

Field

Description

Original Pre-Petition Arrearage Balance

 

Mnemonic: BKOPPA

This is the original amount of arrearage at filing. This amount never changes and is the amount the Trustee advised the institution would be paid.

Total Paid During Bankruptcy

 

Mnemonic:

This is the total sum of funds paid towards the pre-petition balance during the repayment period.

Current Pre-Petition Arrearage Balance

 

Mnemonic:

This is the difference between the original balance and the total paid during bankruptcy.

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