Advanced Collections - EBS (MOSC)

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LNS: Disable Billing and Disable Accrual Flags

edited May 23, 2013 8:02PM in Advanced Collections - EBS (MOSC) 8 commentsAnswered
We have implemented Oracle Loans and now have a person that is going through the bankruptcy process.  We do not want to print monthly bills for him during the process, but his loan still needs to accrue interst monthly until a determination is made.  Do we set the 'Disable Billing' to Yes and 'Disable Accrual' to No on the Service Center? 

If he comes out of bankruptcy, then we change them both back to No and he will start getting his monthly bills again, but his loan would have accrued interest while the process was going on?  If it is determined that the interest should be forgiven, then we can write it off, but if not, then we want it to have accrued.

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