API – Bankruptcy Collections

Updated 3 months ago by Jackson Stone

Introduction

Introduction

These are the options for the bankruptcy collections. For endpoints and payloads, see our article on Bankruptcy in the API. Or, for more general information and how to track bankruptcy in the UI, just see this article on Bankruptcy.

Bankruptcy Petition Status (loan.bankruptcypetitionstatus)

Variable	Description
loan.bankruptcyPetitionStatus.discharged	There is no longer an obligation to pay a qualifying debt, or the bankruptcy plan has been fulfilled.
loan.bankruptcyPetitionStatus.dismissed	The bankruptcy was dismissed by the court and is no longer in force.
loan.bankruptcyPetitionStatus.petitionFiled	The bankruptcy petition has been filed. This is usually the starting point for a bankruptcy.
loan.bankruptcyPetitionStatus.planConfirmed	Bankruptcy repayment plan has been confirmed by the court and is valid and in force.
loan.bankruptcyPetitionStatus.reaffirmed	Secured debt will be paid according to the original agreement. The borrower will remain in possession of the collateral.

Bankruptcy Petition Type (loan.bankruptcypetitiontype)

Variable	Description
loan.bankruptcyPetitionType.single	Petition has been filed by an individual.
loan.bankruptcyPetitionType.joint	Petition has been filed by an individual and spouse.

Bankruptcy Process Status (loan.bankruptcyprocessstatus)

Variable	Description
loan.bankruptcyProcessStatus.claimFiled	A claim has been filed for the bankruptcy, but has not yet undergone the legal process to make it valid.
loan.bankruptcyProcessStatus.discharged	The obligation to pay a qualifying debt is discharged, or the bankruptcy payment plan has been completed.
loan.bankruptcyProcessStatus.dismissed	The bankruptcy was dismissed by the court (most often because the claimant failed to fulfill the terms of the payment plan).
loan.bankruptcyProcessStatus.noticeReceived	Official notice of the filing of a bankruptcy claim has been received by you, the lender.
loan.bankruptcyProcessStatus.petitionFiledVerified	The bankruptcy petition was filed and verified.
loan.bankruptcyProcessStatus.planConfirmed	Bankruptcy repayment plan has been confirmed by the court and is valid and in force.
loan.bankruptcyProcessStatus.reaffirmed	Secured debt will be paid according to the original agreement. The borrower will remain in possession of the collateral.

Bankruptcy Automatic Stay Status (loan.bankruptcyautomaticstaystatus)

Variable	Description
loan.bankruptcyAutomaticStayStatus.courtApproved	The automatic stay has been approved by the court.
loan.bankruptcyAutomaticStayStatus.enforced	The automatic stay is being enforced.
loan.bankruptcyAutomaticStayStatus.pending	The automatic stay is pending.

Bankruptcy Liened Property Status (loan.bankruptcylienedpropertystatus)

Variable	Description
loan.bankruptcyLienedPropertyStatus.abandonmentByTrustee	The bankruptcy trustee has decided not to take property that may have been included in the bankruptcy.
loan.bankruptcyLienedPropertyStatus.dischargedInBankruptcy	A discharge eliminates a debtor's personal liability for liened property.
loan.bankruptcyLienedPropertyStatus.reaffirmed	Secured debt will be paid according to the original agreement. The borrower will remain in possession of the collateral.

Objection Status (loan.bankruptcyobjectionstatus)

Variable	Description
loan.bankruptcyObjectionStatus.claimFiled	These are objections to the original bankruptcy filing.
loan.bankruptcyObjectionStatus.dischargeFiled	These are objections to the discharge of a debt.
loan.bankruptcyObjectionStatus.dischargeOfDebtFiled	These are similar to objections to discharge
loan.bankruptcyObjectionStatus.notAvailable	This status can be used if you don't know the status of the bankruptcy.

Proof of Claim Filed Status (loan.bankruptcyproofofclaimfiledstatus)

Variable	Description
loan.bankruptcyProofOfClaimFiledStatus.filed	This indicates that you have proof that a claim has been filed.
loan.bankruptcyProofOfClaimFiledStatus.pending	This indicates that proof is still pending.