S to N Conversion

S to N Conversion = pDisbSvRls.exe

pDisbSvRls or S to N Conversion is a tool to allow offices to release holds on unsecured claims on a relatively automatic basis. For example if your office, when you add newly filed claims to a case automatically has an S or an H entered in the Status field of the claim, when all the conditions are correct for the case, all the S/H’s can be released/removed by this program without much further user intervention.

“S” in the Claim Hold Code is for scheduled claims which are to accumulate money as if they were being disbursed, but to hold the money and not write the check. The purpose of this program is to determine when a case has passed the bar date and to reset the claim to not filed or remove the “S” and release the funds being held if no claim is filed.

The program selects all claims which either contain an “S” in claim hold, have an “H” in the claim hold or which have money in the objection field. It then processes each claim separately. Each line of a split claim is treated as a separate claim in this program.

As each claim is read the following steps are performed.

If the case is closed, “P”,”D”, or “C” in status or in closing status, the claim is bypassed.

If claim payment sequence is greater than 90 or Claim Hold is “N”,”L” or “W” (in the event of objection amount held but Claim Hold not “S”), then set the “NOPAY” flag to True.

If first meeting date + 90 is less than today’s date, and Proof of Claim amount is 0 and Claim Hold is “S”, then set “NOPAY” to True, and Claim Hold to “N”. (The true S to N conversion, thus the name.)

If first meeting date + 90 is less than today’s date, and Proof of Claim amount is greater than 0 or First meeting date + 90 is less than today’s date, and Date Field is greater than 0, then if Claim Hold is “S” and Class is not “U”, then set Claim Hold to “blank”. (Remove “S”).

There are options to be set in the control of this program to adjust the dates and what holds are removed.

If “NOPAY” is true then if the objection amount is greater than 0 and Class is not “C” (continuing) and not “S” (secured), put objection amount in funds available and clear the objection amount in the claim.

S to N Conversion Program Settings

There are 5 settings to control the S to N Conversion program.

You can find all of the control settings for S to N conversion in the Base tab of the Settings Maintenance program. For more information on Settings Maintenance go to http://blogs.satori-assoc.com/groups/trustwin/wiki/35aea/Settings_Maintenance.html

StoNNumDays – This setting specifies the number of days to add to the date selected in the StoNControl before S to N convert will act on the claims. Enter the appropriate number of days for your office.

Example: If the days number is set to 30, here then the program will look to the control file for the default date code and use the date plus 30 to select what claims will be released with this program. If the Control file is G for government bar date, then if the current date is more than 30 days past the government bar date, the claims with S or H in status will be released to pay the creditors.

StoNRlsUns – This setting will remove the hold on unsecured claims that have a proof amount or a filed date in the S to N convert program. Entries are either Y or N. If your Control setting is D for Claims Order Approved, this setting does not work and is ignored.

StoNControl – Controls which date the S to N convert program uses. G = Government Bar Date, C = Claims Order Approved Date, D = Claims Order Approved Date – Update Unsecured claims only, B = Bar Date. C, D and G include both S and H status claims. The default setting here is B for Bar Date.

Example: The default program runs and compares the proof of claim date to the bar date. If the proof date is less than the bar date, then the H or the S is removed. If there is no proof of claim date/no claim was filed, then an N is inserted in the status field of the claim. Use of G code and 30 days in the NumDays field will release claims for payment 31 days after the government bar date has passed.

StoNIgnoreProofAmt – This setting forces S to N to ignore the proof amount if it is set to “Y”. Example: Attorney fees entered do not have a proof date, or sometimes a proof amount; this setting can be used to ignore those claims. For most systems this setting is left blank.

StoNPrintAll – Set this control to Y to force S to N program to print all claims and not just the claims with an amount to pay. This will result in a larger report which may be more difficult to read and sort through. Most systems this is left blank.

If you want to run just one case to release the holds, enter the case number in the Case number field. If you want to run the program to find all cases meeting the criteria set up in your S to N program, then leave the Case number field blank and click Start. This program will print to your default printer. If you select Print To PDF you will be asked where you want to save the file.

As the program is running, you will see the case numbers being processed in the upper right-hand corner.

The report should look something like this below.

In the report above case 07-91566 claims 22, 23, 24, 25 and 26 all had an S for scheduled but were changed to N for not filed.