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https://issues.apache.org/jira/browse/FINERACT-167?page=com.atlassian.jira.plugin.system.issuetabpanels:comment-tabpanel&focusedCommentId=15322187#comment-15322187
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ASF GitHub Bot commented on FINERACT-167:
-----------------------------------------
Github user nazeer1100126 commented on a diff in the pull request:
https://github.com/apache/incubator-fineract/pull/130#discussion_r66404578
--- Diff:
fineract-provider/src/main/java/org/apache/fineract/portfolio/loanaccount/domain/Loan.java
---
@@ -5972,4 +5986,204 @@ public BigDecimal
getDerivedAmountForCharge(LoanCharge loanCharge) {
return amount;
}
+ public LoanRepaymentScheduleInstallment
fetchLoanForeclosureDetail(final LocalDate closureDate) {
+ Money totalPrincipal = Money.of(getCurrency(),
this.getSummary().getTotalPrincipalOutstanding());
+ Money[] receivables =
retriveIncomeOutstandingTillDate(closureDate);
+ final List<LoanInterestRecalcualtionAdditionalDetails>
compoundingDetails = null;
+ return new LoanRepaymentScheduleInstallment(null, 0,
LocalDate.now(), LocalDate.now(), totalPrincipal.getAmount(),
--- End diff --
Use DateUtils to get the tenant date
> Implementation of loan foreclosure functionality
> ------------------------------------------------
>
> Key: FINERACT-167
> URL: https://issues.apache.org/jira/browse/FINERACT-167
> Project: Apache Fineract
> Issue Type: New Feature
> Components: Loan
> Reporter: Vishwanath R
> Assignee: Markus Geiss
>
> On foreclosure of the active loan application, the following things should
> happen,
> 1) Repay total loan outstanding principal amount.
> 2) Repay total Interest amount (accrued and due) till Foreclosure date.
> 3) Repay total Fee, Charges or Penalties due, if any till Foreclosure date.
> 4) Accounting entries will be made as per product configuration for interest
> and loan portfolio payments.
> 5) Future installment Interest, Fee, Charge, or Penalty, if any, is waived
> off (there won’t be any accounting entries for these transactions).
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