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Bankruptcy Control

BankruptcyControl is a web application designed for creditors, collection agencies, debt buyers and their attorneys to service loans involved in bankruptcy. The application is rich with features designed to permit the user to perform most functions without leaving the application thus saving time and having a complete record of everything related to an account. Reporting, metrics and compliance are easy and thorough.

TAKE CONTROL OF YOUR BANKRUPT ACCOUNTS

Connectivity
Bankruptcy Control interfaces with:

  1. Servicing systems for contract and payment data
  2. Banko for bankruptcy data
  3. Electronic Bankruptcy Notification Center for current bankruptcy events (dismissals, conversions, discharges)
  4. NADA value data
  5. Chapter 13 National Data Center for Chapter 13 payment data
  6. Web based application easily connects with courts, Pacer, ECF, local counsel and others related to the case

Compliance

  1. Documents are created with templates that are compliant with local court forms and data is merged from the data base
  2. Algorithms calculate bankruptcy code timeframes such as lien avoidance dates, section 1325 dates (910 day rule), etc.
  3. Controls redact full account numbers, social security numbers, etc. to help avoid privacy law violations

Counsel

  1. Referrals to local counsel may be sent from the application with documents attached
  2. Local counsel tables are controlled by the system administrator
  3. Counsel may log on to the system to review assigned cases, make notes and upload documents
  4. Reports measure local counsel's performance by standards set by the user

Collections

  1. Payments may be imported from the servicing system thus facilitating payment monitoring,
    reporting and taking action for relief from stay
  2. Multiple methods of payment may be monitored simultaneously, including payments made
    by the debtor, pursuant to a plan, agreed order, adequate protection, etc.
  3. Data fields for trustee secured and unsecured payments may be analyzed and reported
  4. Reporting is thorough with Crystal Reports