API – Bankruptcy Collections

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The bankruptcy was dismissed by the court and is no longer in force.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.


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