Bankruptcy
HELOC
Tie Breaker Question
100

What is Pro Se in bankruptcy?

A person that represents himself/herself in court without an attorney is said to appear as a pro se party.

100

What does HELOC stand for?

Home Equity Line of Credit

100

What task is opened on the account when the IRS places a levy on the property?

IRSLEV

200

When a borrower in bankruptcy makes a payment, what response code should be documented?

BKP

200

How do you identify the draw terms on a HELOC?

Access SER1/ELOC window

300

What does CD code AR mean in MAS1/ADD4 when determining what information can be provided?

All account related information can be discussed with the customer.

300

What are the 4 fraud flags in SAF1 to look out for on a HELOC?

T,X,K,M