C1-RELDELPRC

This algorithm evaluates the status of the hold on the delinquency process to determine if the Delinquency Process should be released. IIn hold status also this algorithm will keep on checking hold end date of delinquency process needs to be extend or not or it should be release. This algorithm should be plugged in on the Release Delinquency Process Criteria on the Delinquency Process Type.

This algorithm contains the following soft parameters:

  • Hold Request Reason: Optional. This will hold the Hold Request reason code from Status Reason Admin screen.

  • Promise To Pay Reason: Optional. This will hold the Promise To Pay reason code from Status Reason Admin screen.

  • Payment Agreement Reason: Optional. This will hold the Payment Agreement reason code from Status Reason Admin screen.

Note: The C1-RELDELPRC algorithm type is shipped with the product. You must attach an algorithm created using the C1-RELDELPRC algorithm type to the Release Delinquency Process Criteria system event defined for the delinquency process type.