Try Bankruptcy Control!

Register today for a free trial, and find out how Bankruptcy Control can help you:

Your Business

Bankruptcy Control is designed to provide case tracking support to a number of businesses:

Servicers
Loan servicers will experience reduced costs, greater compliance with regulatory requirements and the feeling of being in control of bankrupt accounts.

The application is designed to seamlessly interface with your loans servicing system!

Agencies
Agencies currently collecting debt for credit grantors may now do so when the accounts become bankrupt. No need to service release these back to your client.

By using Bankruptcy Control and training staff, agencies can open new marketing opportunities to collect bankrupt accounts!

Attorneys
Attorneys will experience improved productivity and accuracy and reduced costs in providing legal services to creditors. Because the application is web based, staff may work from anywhere. Home office work is easy and cost effective for all!

Debt Buyers
Bankruptcy Control is an ideal platform for servicing and tracking purchased bankrupt accounts. Data maybe easily imported from a variety of systems and analyzed.

WHY YOU SHOULD AUTOMATE
YOUR BANKRUPTCY ACCOUNTS

MARKETPLACE

  • Estimates of 1.4 million new bankruptcy cases for 2010
  • Mortgage delinquencies are
    at all time high
  • Auto loan delinquencies are escalating at alarming proportions
  • Credit card debt exceeds $800 billion
  • Refinancing opportunities for borrowers are severely curtailed

REGULATORY

  • Congress is contemplating new legislation to further regulate the financial industry
  • Bankruptcy courts are promulgating more local rules and forms to meet specific judicial requirements
  • Privacy laws require that documents filed with the court redact account numbers, SSN's, etc.
  • Class actions are being filed against servicers and their counsel involving questionable bankruptcy practices