Schedules and Statements

Technology Solutions for Schedules and Statements   

Our eleven years of bankruptcy experience exposed our founder to assembly, preparation, review and filing of schedules and statements for a diverse group of companies across a wide range of industries.

Our founder's eleven years of chapter 11 schedules and statements experience called for the design and development of a database that would provide comprehensive preparation and comparison technology for the long term success of the case. 

The Phase Eleven Microsoft SQL Server Relational Restructuring Database was developed to provide cost effective solutions both for immediate preparation of schedules and statements and long term use for the resolution of creditor claims throughout the remainder of the case.   

Our technology will streamline the process of schedules and statements preparation allowing case professionals and company officials alike instant online access to iterative draft and finalized schedules and statements during the preparation phase.  It will provide cost effective one-time input and data recycling solutions, which can save the company money and resources in preparation time. 

For the long term success of the case, data input into our Microsoft SQL Server developed database will be used for ease of reference in claims resolution, class solicitation preparation and disbursement reconciliation.

Creditors and their case professionals will review and analyze the filed schedules and statements for issues which affect specific claims.  Debtors and their case professionals must respond to case creditor issues regarding the schedules and statements.

The schedules and statements:

  1. Impact conflicts disclosure for 327 professionals and OCP's 
  2. Set forth disclosure of company operations and potential proprietary information to competitors
  3. Are relied upon by creditors in deciding whether or not to file a claim
  4. Are relied upon in chapter 11 litigation including: adversary actions, contested confirmation hearings, and reliefs from stay
  5. Represent a debtor company's position in a dispute with a creditor
  6. Are reviewed by the U.S. Trustee
  7. May be used for preference action litigation and ordinary course defense
  8. May be used for diligence for asset sale or asset abandonment
  9. May be used for contract assumption, rejection or dispute issues
  10. May be used for setoff rights disputes

Preparation of the schedules and statements requires significant chapter 11 experience and technology to prepare comprehensive drafts and final documents for court filing and future reference. 

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.

Phase Eleven's advanced Microsoft SQL Server technology will allow us to prepare accurate and comprehensive schedules and statements in timely and cost efficient manner, for use in the long term success of the case.

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