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Bankruptcy Technology Isn't Just For the Big Loan Servicing Players Anymore

Fluctuating filing trends heavily affect bankruptcy case processing. Despite a downward filing trend in past years, the complexity of bankruptcy processing has increased, in part, because of a shift in the types of filings. But since a peak in active bankruptcies in 2010, banks, servicers and law firms have scaled back budget and resources for non-performing loan servicing. And, in addition to greater complexity of work, interest rate increases are expected to lead to an increase in filing volumes in the near future.

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Loan Servicing the Right Way: Reducing Risk, Cost While Maintaining Scalability

Declining bankruptcy volumes have increased pressure to reduce servicing costs per loan. Many cost-conscious professionals are looking to outsource overseas, reduce workforce, and even removing regulatory-related checks and balances to help meet the demand to “do more with less.” But these measures may lead to increased costs and risks, with a reduced ability to address volume fluctuations. Watch this webcast to learn real-world strategies to stay prepared for future changes in the bankruptcy market while still keeping an eye on the bottom line.

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Seven Things I Learned (Again) in 2016 About Bankruptcy Data

The ever-changing and complex nature of bankruptcy - including decreased filings and regulations in flux - continues to make it critical for companies to navigate this aspect of the legal landscape. As we forge ahead into 2017, Epiq bankruptcy data expert Dave Callahan takes a look back on what he learned in 2016 - including a few universal truths and surprising learnings.

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Still Searching PACER Manually? Top Five Reasons to Use Automated Bankruptcy Case Monitoring

Are you or your co-workers spending hours searching the Public Access to Court Electronic Records (PACER) database to track the status of bankruptcy cases? Whether to stay compliant with federal regulations, protect your rights in a case, or serve a client, automated bankruptcy case monitoring could assist you with resource management, reduce your risk and save you valuable time and money. 

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