Debt Type (DBTYP) is used to define the unique types of debt that are managed, as well as subject to intercept, within Advantage. In addition, the Debt Type table may be used to define two other items related to intercepts:
The table is used to define the priority of the individual types of debt. This priority is used to establish the precedence order in which intercepts are taken during the disbursement process.
The table is also used to mark individual types of debt as excluded when debt is exported to external entities for intercept.
The Consolidate Debt Type? flag determines whether this Debt Type will be consolidated with other Debt Types during the consolidation of debt. If the flag is not selected, then the Load State Debts to FOTR job will consolidate debt by TIN, TIN Type, and Debt Type. If the flag is selected, then the Load State Debts to FOTR job will consolidate debts by TIN, TIN Type, and Consolidated Debt Type defined on the DBTYP table.