BK1 SOLUTIONS

Electronic Bankruptcy Notification (EBN) is provided by the U.S. Bankruptcy Court system through its Bankruptcy Noticing Center. To deliver EBN to our clients BK1 Solutions developed custom software and processes to enable our clients to receive information on bankruptcy cases more quickly than ever before: case information is transmitted daily to clients in a format that permits immediate coding of accounts.

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With EBN our clients are advised within a customized time frame of their new filings often ten days before paper notices would normally arrive. This eliminates further internal and external collection activities and their associated expenses. EBN also helps prevent potential stay violations and missed bar dates, resulting in lower costs and increased recovery. Dismissals and discharges are also reported electronically.

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BK1 Solutions offers clients the option of BK1 Solutions processing the noticing files and directly prepares the appropriate accounts. We then immediately begin the Proof of Claim and other filing/recovery activities.