Metro 2 Consumer Information Indicator C: Bankruptcy Chapter 12

Specification

Code	C
Meaning	Bankruptcy Chapter 12 - Petition Filed
Field	Consumer Information Indicator (Field 33)
Record	Base Segment
Length / position	2 chars · 217–218
Category	Bankruptcy Petition Filed
CRRG reference	CRRG Exhibit 11 (Consumer Information Indicator)

Chapter 12 exists for family farmers and family fishermen. It is the rarest of the four petition codes in consumer files and is the one most often mis-mapped to D.
Reports the filing only. Plan confirmation, completion, and dismissal are separate events, and completion has its own code.
Purging treatment is the same as A, B and D: the Date of First Delinquency freezes and the indicator stays for up to ten years.
It says nothing about whether the collateral is farm property. Collateral facts belong to Portfolio Type, Account Type, and the K-segments where applicable.
Because it is rare, C is the code most likely to be missing from an older internal mapping table that only handled 7, 11 and 13.

1An agricultural lender receives a Chapter 12 notice on an equipment note held by a family farming operation with an individual co-obligor.
2A rural credit union furnishing a personal installment loan to a member who fishes commercially is served a Chapter 12 petition.
3A community bank tags a seasonal operating loan after the borrower files Chapter 12 rather than Chapter 13.
4A servicer's bankruptcy feed returns a chapter of 12 and the mapping table has to emit C rather than falling back to a default.

Map chapter 12 to C explicitly. A fallback that sends A for every unrecognised chapter misstates the filing.
Report C from the cycle you receive notice of the filing.
Move to G when the Chapter 12 is discharged.
Do not re-age the Date of First Delinquency while C is on the record.
Do not use C for a Chapter 13 wage-earner plan. Chapter 13 is D.

A file can be structurally valid and still be wrong. These are the cross-field conditions Consumer Information Indicator C has to satisfy.

Date of First Delinquency is frozen while the indicator is present.
Account Status continues to report actual performance, including delinquency, while the case is pending.
Current Balance keeps reporting the amount owed. The petition is not a payment.
On accounts with an associated consumer, C belongs on the segment naming the filer and nowhere else.
The Compliance Condition Code field is not where bankruptcy goes and must not be populated with a bankruptcy meaning to compensate for a missing CII mapping.