Adversary Proceeding Notification
Missed Notices + Default Judgments = FINANCIAL LOSS

Rewrite the Formula with American InfoSource Adversary Proceeding Notification

American InfoSource AP Notification
alerts clients electronically when an adversary proceeding is filed on any bankruptcy case in which they are listed as a creditor. This completely paperless process allows creditors to take appropriate legal action in a timely manner, reducing exposure to default judgments and preventing significant monetary losses.

Applying the same proprietary system used for bankruptcy notification, American InfoSource retrieves every adversary case filed through the United States bankruptcy court system and sends electronic notices when a client entity is named as the Defendant or Plaintiff in a case.


Process Flow
AP Process Flow

After the plaintiff files a complaint in court about a bankruptcy proceeding, a judge and AP case number are assigned for the adversary proceeding. At this point, American InfoSource captures the information about the adversary case and notifies the creditor.

AP Challenges

  • Creditor named in lawsuit, in connection to a previously filed bankruptcy case, but fails to appear in court.

  • Result of AP notices being sent to wrong department or not received in a timely fashion.

  • Creditor forfeits right to dispute the complaint, costing tens of thousands of dollars per case.


AIS Solution

  • Retrieves every AP case filed through the U.S. bankruptcy court system.

  • Sends all adversary proceeding notices electronically to client, as soon as they are identified.

  • Creditor has the opportunity to prepare a proper defense, reducing the risk of losing the dispute.


Why AIS?

  • Simple implementation process that does not require placing accounts.

  • Internal auditing of AP data ensures quality and accuracy of information.

  • Same trusted system used within the American InfoSource bankruptcy notification solution.

  • Paperless process - All notices are sent electronically vs. mail.


Receive your AP Notices Electronically FREE for a Month!


blog
A recent AIS InSight report released on May 3rd showed that U.S. bankruptcy...
Posted by: Blake Hogan, AIS on 05/04/2012 12:00 AM
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May 17, 2012
American InfoSource Acquires Bankruptcy Service Provider Ascension Capital Group
American InfoSource, a diversified, global financial services firm based in...
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