Hi Sidhant,

I see that Adam has already assigned it to you.
Thanks @Ádám Sághy <adam.sa...@dpc.hu>


Regards,
Bharath
Lead Implementation Analyst | Mifos Initiative
PMC Member | Apache Fineract
Mobile: +91.7019635592
http://mifos.org  <http://facebook.com/mifos>
<http://www.twitter.com/mifos>


On Mon, Aug 11, 2025 at 4:05 PM sidhant goel <sidhant@freo.money.invalid>
wrote:

> Thanks Bharath,
>
> I have created a ticket for the same (2nd approach), do I need to assign
> it to myself? I'm actually not able to assign it.
>
> https://issues.apache.org/jira/browse/FINERACT-2342
>
> On Thu, Aug 7, 2025 at 1:33 PM Bharath Gowda <bgo...@mifos.org> wrote:
>
>> Hi Sidhant,
>>
>>
>> Thanks for sharing the details
>>
>> In my view, I would go with Approach 2 if time is not a constraint -  to
>> have a new type of charge at the time of FORECLOSURE.
>> - It is more straightforward
>> - It is a common request and many others would be benefited from this as
>> well
>>
>> But  Approach 1 is still not a bad workaround if you are looking for a
>> faster solution.
>>
>>
>> Regards,
>> Bharath
>> Lead Implementation Analyst | Mifos Initiative
>> PMC Member | Apache Fineract
>> Mobile: +91.7019635592
>> http://mifos.org  <http://facebook.com/mifos>
>> <http://www.twitter.com/mifos>
>>
>>
>> On Tue, Aug 5, 2025 at 5:19 PM sidhant goel <sidhant@freo.money.invalid>
>> wrote:
>>
>>> *Hello Fineract Community,*
>>>
>>> We are currently in the process of migrating to Apache Fineract as our
>>> Loan Management System (LMS) and have been exploring options for
>>> implementing a foreclosure charge for loan preclosures.
>>>
>>> During our research, we identified two possible approaches:
>>>
>>>    1.
>>>
>>>    Adding the charge manually as a *Specified Due Date Charge* at the
>>>    time of foreclosure.
>>>    2.
>>>
>>>    Introducing a new ChargeTimeType.FORECLOSURE enumeration and
>>>    implementing the corresponding logic during the foreclosure process.
>>>
>>> We've successfully completed a proof of concept for the second approach,
>>> but we’re keen to hear the community's thoughts on the best way to achieve
>>> this within the Fineract framework. We're also excited about the
>>> opportunity to contribute to the project and collaborate with others in the
>>> community. 🙂
>>>
>>> Looking forward to your insights!
>>>
>>

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