Large Mortgage Financing Enterprise Meets 24-Hour Deadline
An Epiq Challenge
The client was concerned that a large portfolio of bankrupt debtors had been in bankruptcy long enough to cause monetary losses due to asset non-performance. The information needed to act decisively required hours, if not days, of meticulous research and careful segmentation. A thorough analysis of available data and an evaluation of how to move forward with the portfolio was needed in 24 hours.
An Epiq Solution
The AACER™ team created a process to streamline the analysis and evaluation, significantly compressing the timeline required to meet the tight deadline. AACER began by segmenting the portfolio into appropriate groupings based on bankruptcy case standing. Once the status of the case was determined and the portfolio segmented, AACER performed a detailed docket analysis to determine the actions needed to move the loan toward completion.
With Epiq Results
All portfolio analysis and docket monitoring results were complete, qualitycontrolled and delivered to the client ahead of schedule. The client was able to take appropriate action on all cases in question and do so with a clear understanding of and full access to all necessary case documents.
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