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    Pending assignment

    Just pulled up my case information and I only have 2 auto's left in Chapter 13. Noticed this in claim summary:

    Claim Number 017
    Claim Type AUTOMOBILE
    Claim Level 18
    Comments PENDING ASSIGNMENT

    What does this Pending Assignment mean?

    Also,

    In case summary there was "cancelation of Principal??

    3/1/2012 MGC MORTGAGE INC 521539 Cancelation of Principal $151.80 ($11,783.12)
    3/1/2012 MGC MORTGAGE INC 521539 Disburement Interest $51.48 ($11,731.64)
    4/2/2012 MGC MORTGAGE INC 538556 Cancelation of Principal $458.86 ($11,272.78)
    4/2/2012 MGC MORTGAGE INC 538556 Disburement Interest $96.76 ($11,176.02)
    4/4/2012 MGC MORTGAGE INC 525686 Cancelation of Principal $301.75 ($10,874.27)
    4/4/2012 MGC MORTGAGE INC 525686 Disburement Interest $50.59 ($10,823.68

    Why would there be a cancelation of Principal??

    Thanks...........

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