BK1 SOLUTIONS

Chapter 13

Chapter 13 claims are filed in compliance with the varying local rules imposed by each bankruptcy jurisdiction. BK1 Solutions verifies and monitors each case throughout its entire life until dismissal, conversion to Chapter 7 or discharge. 

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Chapter 7

Action is taken on each secured Chapter 7 account to protect the creditor’s security interest. Unsecured accounts are solicited for reaffirmation in accordance with each client’s policy and criteria. Our procedures for reaffirmation have been reviewed and approved by third party attorneys, auditors and consultants.

 

Certain Chapter 7 cases are deemed “Asset” cases by the Court, sometimes months after the case is filed. These cases provide recovery opportunity for unsecured creditors. BK1 Solutions files claims in these cases and recovery can be substantial.

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Supplemental Services

To obtain the maximum benefit from partnering with BK1 Solutions in bankruptcy recovery, clients are making BK1 Solutions a direct extension of their operation. The starting point is Electronic Bankruptcy Notification to obtain accurate and timely information on bankruptcy filings. The combination of Electronic Bankruptcy Notification, account coding, mail handling and recovery services allows BK1 Solutions to provide the entire process of bankruptcy account management, from receipt of notice to putting money in our clients’ bank accounts. This assures that our clients receive maximum recovery with minimum expense.