Claims Processing and Resolution

Technology Solutions for Claims Processing and Resolution  

The proof of claims process during a chapter 11 case presents a number of organizational challenges to case professionals and the company.  The Phase Eleven Relational Restructuring Database will provide the technological solutions to these challenges. 

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.  Attached is an informative article on claims processing: Claims planning and processing

As part of the process, 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.

Received claims are promptly file stamped, recorded and imaged into the Phase Eleven Relational Restructuring Database.  Filed claims are associated with scheduled liabilities in the database and reports are prepared for case professional and company review.  These reports serve as a tool to assist the company in reconciliation for plan of reorganization, as well as solicitation and post confirmation disbursement.     

The sum of the founder's eleven years of chapter 11 expertise is  integrated into the design and implementation of our Relational Restructuring Database for the benefit of all parties to a case. 

Our Microsoft SQL Server developed database will provide comprehensive organization, tracking and reporting on the following chapter 11 proof of claims issues:

Preparation/Mailing

Recordation/Reporting

Analysis/Objection/Approval

§  Schedules cross-check

§  Receipt and review

§  Classification for solicitation

§  Customized claim prep.

§  Input and association

§  Clustering for objection

§  Pack, ship, and track

§  Claims register filing

§  Online reporting Access

§  Return to sender

§  Timely status reports

§  Web review with company

§  Creditor inquiries

§  Custom claim reports

§  Claims transfer processing

§  Online bar date updates

§  Public access claims

§ Claims Objection insights

 

 

§  Claims order tracking

 

 

§  Claims objection processing

 

 

§  Claims register filing

 

 

§  Public access claims

The Microsoft SQL Server enabled Relational Restructuring Database was designed and co-developed by a chapter 11 administrative professional with eleven years of case work experience for the purpose of providing comprehensive claims processing and resolution for your next chapter 11 challenge.

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