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Posted to issues@fineract.apache.org by "Mihaly Dallos (Jira)" <ji...@apache.org> on 2024/03/14 12:34:00 UTC

[jira] [Resolved] (FINERACT-1806) Charge-off a loan product

     [ https://issues.apache.org/jira/browse/FINERACT-1806?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

Mihaly Dallos resolved FINERACT-1806.
-------------------------------------
    Resolution: Fixed

> Charge-off a loan product
> -------------------------
>
>                 Key: FINERACT-1806
>                 URL: https://issues.apache.org/jira/browse/FINERACT-1806
>             Project: Apache Fineract
>          Issue Type: New Feature
>            Reporter: Mihaly Dallos
>            Assignee: Adam Saghy
>            Priority: Minor
>             Fix For: 1.10.0
>
>
> When a loan churns and collection of outstanding amount becomes not-likely the loan can be marked for charge off. Charge-off loans are considered as frozen, no further transactions expected though those can happen and the loan doesn’t get closed. Account though can be altered.



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