A Closed Obligation May Be Reactivated

After an obligation is closed (i.e., after it's stopped and paid-in-full), it's possible for some types of financial transactions to be linked to the obligation. These financial transactions could cause the current and/or payoff balances to become non-zero. If this happens, the system reactivates the obligation (i.e., the obligation's status becomes reactivated).

When an obligation becomes reactivated, it becomes eligible for review by the overdue process monitor (when it next runs).

Financial events that can be linked to a closed obligation are:

• The cancellation of a bill segment

• The freezing of a payment segment

• The cancellation of a payment segment

• The freezing of an adjustment

• The cancellation of an adjustment