bankruptcyWatch
BankruptcyWatch is a bankruptcy intelligence and automation platform that empowers lenders to minimize risk, reduce manual labor costs, and respond faster to bankruptcy filings.
Bankruptcy teams face mounting challenges: rising filing volumes, 6-12 month training curves, multiple disconnected systems to respond to bankruptcies, and over 30% of workflows inconsistent across staff. Traditional tools require manual processing with no integration into loan management systems, so things fall through the cracks and recovery opportunities are missed.
BankruptcyWatch solves this by consolidating bankruptcy within LoanPro. With scrubbing and monitoring tools, lenders get real-time bankruptcy update notifications synced within LoanPro. With integrated Proof of Claim filing, lenders can quickly file POCs and track progress. With the PACER replacement tools, lenders can access docket reports, claims registers, and court documents, cutting Court fees by 45%-65%. Joint customers report 100% data accuracy, 80%+ labor cost reductions, and dramatically improved collections.