Claims Processing and Resolution

Overview

In many chapter 11 cases, a claims process is established to provide creditors an opportunity to assert a claim against one or more of the companies in chapter 11 bankruptcy. 

Customized claim forms and instructions are mailed to creditors of the chapter 11 company.  Creditors complete the forms and return them to Phase Eleven Consultants for processing, review and reporting to case professionals.

All received claims are file stamped, recorded and imaged into the Phase Eleven Relational Restructuring Database.  Filed claims are associated with scheduled liabilities and reports are prepared for case professional and company review allowance and objection.  Claims have long term implications for solicitation and disbursement issues and demand meticulous attention to detail.

Our administrative claims processing team will provide exacting processes, knowledgeable and skilled assistance, targeted information and rapid courteous responses to deliver outstanding claims processing and resolution results for your next chapter 11 case.

Claims Processing and Resolution Results

We drive claims processing and resolution results for case professionals, debtor companies and creditors based on our founder's eleven years of chapter 11 case expertise

We have tremendous experience with the contents, purpose and procedures for all claims processing and reconciliation materials, including mailing, processing, review, analysis, reporting, objection, settlement and approval which will make claims processing and reconciliation seem straightforward. 

The same results-driven administrative services provided at top tier law firm bankruptcy practices are now available from Phase Eleven for all case professionals and debtor companies in need of chapter 11 excellence. 

Our claims processing and resolution results will allow case professionals and the debtor company to see the entire picture and be prepared to respond with precision to resolve issues and receive the requested relief. 

Using claims objection as an example of our commitment to claims processing and reconciliation results, we will achieve:

Preparation results:

  • Provide pertinent non-substantive or substantive claims objection 
    case precedent
  • Provide database reporting with schedules and statements for reconciliation
  • Prepare custom objection exhibits for omnibus objections
  • Prepare custom notices for individual claim holder objections
  • Prepare webpage for claims processing
  • Classify claims objection reasoning for historical database reference for solicitation and disbursement
  • Manage and execute logistics for service of process to all custom claim holders, 2002,  master, and core service lists

Process results:

  • Execute service of process for custom claim objection notices, master, and core service lists
  • Associate custom claims objection contract records with served objection
  • Track and report on claims objection service of process
  • Post claims objection to website page and group associated pleadings 
  • Respond to claims objection creditor notice inquiries and provide information
  • Provide critical dates for management of individual claims objection responses via secure online access
  • Track, group, and report on filed claims objection responses
  • Track, group, and associate claims objection withdrawals, settlements and orders with individual creditor claim records for final reconciliation

End results

  • Thorough and complete historical creditor record for solicitation and disbursement reporting
  • Ensure professionals are prepared for individual and omnibus claims objection court hearings
  • Ensure professionals are prepared for creditor responses to individual claims objection questions
  • Provide backup materials for scheduled liabilities, claims supporting documentation and creditor communications
  • Offer instant online accessibility to objection and responses, creditor record and company review summary to filed claim
  • Deliver rapid, courteous response to case assignments
  • Deliver accurate information extracted from our Relational Restructuring Database
  • Provide assurance of quality work for all aspects of solicitation
  • Provide continuous status updates during preparation and processing periods for claims objection, noticing, creditor inquiries, responses, partial orders, settlements and orders

At Phase Eleven, it is our promise to conquer your chapter 11 claims processing and reconciliation challenges and deliver the most outstanding claims processing and reconciliation results throughout the course of a case.

Request a presentation of our comprehensive chapter 11 case solutions to conquer your chapter 11 challenges.