Everyone hates to see a customer file bankruptcy. What’s worse is having to sink more time into this troublesome issue. Filing a proof of claim, monitoring the bankruptcy, responding to the trustee, etc., can take time away from the more productive responsibilities of a credit professional.
CST Company developed Bankruptcy Monitoring Service to take this often annoying and unproductive task off your plate. Simply send us the bankruptcy notice, along with the documents that substantiate the debt, and we take it from there. We will set up a file, file the proof of claim for you, and route all correspondence from the bankruptcy court to us, for review and response on your behalf.
We won’t disturb you with any mundane informational updates. We only inform you of actual progress as your file moves through bankruptcy proceedings, or if something requires your attention.
Contact Us or speak with your account representative for more details on how we can economically simplify one of the most tedious and frustrating responsibilities.