Bankruptcy
Streamline Bankruptcy Handling Processes
Automate the time-consuming processes associated with bankruptcy handling with Black Knight’s BankruptcySM solution, a scalable and highly configurable application that delivers robust automation through workflow and rules-based technology. With Bankruptcy, servicers can maximize process efficiencies while reducing risk, errors and processing timelines.
Efficient Management, From Setup Through Closing
Bankruptcy’s advanced automation supports the efficient management of loans through all stages of the bankruptcy process, including notification, case monitoring, closing and claim filings. The adaptable solution supports existing business processes and client-defined exception handling, while offering highly configurable business rules – delivering the flexibility servicers need to meet business needs as market conditions change over time.
The solution helps servicers:
- Support compliance with bankruptcy rules and regulations
- Maximize process efficiencies
- Reduce time- and labor-intensive processes
- Streamline data exchanges
- Boost processing volumes
- Reduce risk
- Improve timelines
- Eliminate manual data entry and paperwork
- Support compliance with bankruptcy rules and regulations
- Maximize process efficiencies
- Reduce time- and labor-intensive processes
- Streamline data exchanges
- Boost processing volumes
- Reduce risk
- Improve timelines
- Eliminate manual data entry and paperwork
Features to Support Every Step of Bankruptcy Processing
Adapts to existing business processes
Highly configurable
rules
Automated task
initiation
Real-time
data access
Integration with the MSP® servicing system
Supports client-defined exceptions and rules
Tracks, time stamps and records history
Automated and on-demand account data