[jira] [Updated] (FINERACT-2059) Re-Aging of overdue loan (aka settlement plan)

["James Dailey (Jira)" <ji...@apache.org>]

     [ https://issues.apache.org/jira/browse/FINERACT-2059?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel ]

James Dailey updated FINERACT-2059:
-----------------------------------
    Fix Version/s: 1.11.0

bouncing to next planned release 1.11.0 from 1.10.0 

> Re-Aging of overdue loan (aka settlement plan)
> ----------------------------------------------
>
>                 Key: FINERACT-2059
>                 URL: https://issues.apache.org/jira/browse/FINERACT-2059
>             Project: Apache Fineract
>          Issue Type: New Feature
>            Reporter: Mihaly Dallos
>            Assignee: Mihaly Dallos
>            Priority: Major
>              Labels: PepperSoup
>             Fix For: 1.10.0, 1.11.0
>
>
> h3. Re-aging
> Re-aging also known as Settlement Plan is to assist customers who are in duress around repaying their loans;
> The goal is to create a new set of Installments for the same loan account from the principal outstanding pending on the loan account
> For example, for a customer who is severely behind on payments, they could agree to a settlement plan where instead of having to pay now, it could be spread over the next 12 months, paying back the remaining 750 euro balance but over 10 equal payments.



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