To discard a collateral agreement you need to open it. You can open the collateral agreement via the Collaterals, Loans menu, Person module and Asset details.
Find asset that is used as a collateral.
Access asset details page.
Scroll to the Collateral agreements section.
Click the Agreement number to access the collateral agreement information.
Click the Discard agreement button.
Select the Discarding reason. If required, you can add a comment > Discard.
You can discard the collateral agreement in the preparing status only.
