How to Report Accounts in Forbearance Under Metro 2
How should a furnisher report an account that is in forbearance, and when should forbearance reporting transition to deferment logic? Forbearance is one…
Category: Report to Credit Bureaus
How to Report Deferred Accounts in Metro 2
How should a furnisher report an account that is in deferment, where the consumer’s first payment is not yet due or where payments…
Student Housing Collections: Managing Turn-Season Balances, Damages, and Missed Installments
Student Housing Collections: Managing Turn-Season Balances More Consistently Student housing collections get messy fastest during periods of transition. When summer turn begins, operators…
Utility Billing Collections: How to Reduce Past-Due Balances Without Harsher Customer Treatment
Utility billing collections rarely break down because a utility cannot identify a past-due account. The harder problem is what happens after bills, reminders,…
Metro 2 Reporting for Chapter 12 and Chapter 13 Bankruptcy (Including Joint Borrowers and Co-Debtors)
A Chapter 12 or Chapter 13 filing triggers reporting obligations that require careful alignment between account-level fields (status, balances, payment amount, history) and…
Metro 2 Reporting for Chapter 12 and Chapter 13 Bankruptcies: A Practical Compliance Guide for Furnishers
How should an account be reported when a borrower files Chapter 12 or Chapter 13 bankruptcy, including situations with co-borrowers who did not…
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