Bankruptcies Cover Obligations

A bankruptcy defines which of the debtor's obligations are covered.

The rules for determining eligible obligations are configurable in a plug-in spot on bankruptcy type. The base sample algorithm selects the taxpayer's obligations as of the petition date based on a specified reference date - e.g. obligation start date, obligation end date or obligation filing due date (for filing-based obligations only).

See Setting Up the 'Determine Eligible Obligations' for more information on how to configure this algorithm.