AUTOMOBILE & PERSONAL PROPERTY BANKRUPTCY SERVICING

Are any of these your challenges?

Reduced payment frequency in bankruptcy

Growing costs and scale for servicing bankruptcy 

Unnecessary litigation expense

Inefficient local counsel network management

Quality issues with offshoring processes

Excessive bankruptcy charge-offs and limited recovery

Meeting compliance changes in all 94 bankruptcy jurisdictions

Our Services

We protect the interests of creditors with automobile and personal property bankruptcy solutions that maximize recoveries, reduce loan servicing expenses, and guarantee compliance. These services include:

  • Proprietary Bankruptcy Rules Engine database of jurisdictional requirements powered by on-going monthly attorney research of all 94 jurisdictions across the country 

  • Over 400 employees, bankruptcy expert attorneys, and operations staff all located in the U.S.  

  • Reaffirmation Agreement Attainment

  • Lease Assumption Attainment

  • Proof Of Claim Preparation and Filing

  • Bankruptcy Plan Review

  • Monitoring for Stay Lift By Operation Of Law

  • Identification of Client-Specific File Closing Events

  • Solicitation of Proof of Insurance

  • Negotiation on Motions to Redeem

  • National Litigation Management Services Including Motions, Objections, Adversary Proceedings

  • Substitution Of Collateral

  • Reviewing Schedules To Determine The Debtor’s Intent

  • Sending and Solicitation Of A Surrender Letter (If Applicable)

  • Bankruptcy Notification

  • SCRA Military Searches

  • Docket Event Monitoring

  • Chapter 7 Asset Monitoring

  • Transfer Of Claim Filing

  • Amended Proofs Of Claim

  • Bankruptcy Mail Processing

  • Bankruptcy Payment Processing

  • Notice Of Address Change

  • Monitor for Stay Lift Allowing Creditor to Pursue State Law Remedies/Repossession

  • Bi-Directional Electronic Access For Bankruptcy Data

  • 24X7 Client Reporting & Complete Transparency For All Bankruptcy Data 

  • Bankruptcy Call Center Services

  • Delivering a Standard Electronic Case Closing Package to the Client

  • Notifying the Client of a Lien Perfection Issue (If Applicable)

  • Transmitting a Notice of Default Under an Order Modifying Stay (If Applicable)

  • Identify Inadequate Plan Provisions Such as Valuation, Interest Rate and Delinquencies.

  • Negotiation of Inadequate Plan Provisions

  • Surrenders - Verify Plans that Surrender a Collateral and Work with Client on Facilitating the Surrender (Stay Lift, Surrender Letters, Notice to Repo Team, etc.)

  • Monitoring the Payments Received for Compliance with the Plan Until Closing

  • Negotiations with Trustee's Office for Prompt Correction of Records or File for Dismissal

  • Special Monitoring of All Loans with Stay Modification Orders in Place