What’s happening in bankruptcy: The total number of U.S. bankruptcies filed during the first six months of 2007 increased 48.23% over the same period in 2006 in all bankruptcy court districts, according to data released today by the Administrative Office of the U.S. Courts. Creditors are trying to ride out the credit crunch that has rocked the home loan industry and the ensuing double-digit increase in foreclosures. It is extremely important for the Creditor to manage their bankrupt debtors or the debtor’s attorney will manage you!

Do You Need :A way to improve bankruptcy collections without adding any additional staff? As a Creditor do you need an innovative and progressive solution for commercial and consumer foreclosures and repossessions in bankruptcy?

Here’s how:Our software assists Creditors with commercial and consumer foreclosures and repossessions, helping financial institutions protect their rights when it comes to the recovery of real property, including real estate, equipment, leases and other assets. Our solution is suitable for all types secured and unsecured Creditors.

Bankruptcy claim filing, monitoring receipt of court acknowledged claims, and bankruptcy follow-up are time consuming and labor intensive. Bankruptcy Claim-Pro™ is designed to enhance the creditor’s successes in all performance areas, reduce bankruptcy collection expense and improve staff utilization.

Do you as the Creditor need: Electronic claim filing or notification? Would you like to track bankruptcy payments within bankruptcy case management software? Does your collection operation need to track Chapter 11 and 13 Debtor Plans? Does your organization need to track collateral within the Debtor’s Plan? Are you a government entity that needs to track tax assessments and perform additional tax/penalty calculations? Does your department need to print bankruptcy proof of claim forms along with attachments? Then -

As a Creditor, would you like to create a 1000 bankruptcy cases in seconds?

As a Creditor, would you like to create a 1000 proof-of-claims in minutes?

As a Creditor, would you like to end re-keying of bankruptcy data?

You can!! Bankruptcy Claim-Pro can be systematically interfaced using any one of the following systems or file formats:

• EDI (Electronic Data Interchange)
• AS400
• Oracle/Sybase/SQL Server/MySql/ODBC Database
• DBase2 and DBase3
• Mainframe
• ASCII
• Tab Delimited
• Comma Delimited
• Excel
• XML
• Any computer readable format

Please ask for a WebEx Demo or better yet – send us 100 claims using our simple to use BCP Filer Solution, and we’ll return 100 .pdf proofs – absolutely free! Please go to our ‘Contract Page’ and inquire today!