• Information Services

Bankruptcy Data Scrubs

In today's heightened regulatory environment, creditors must manage their bankrupt accounts with the utmost care, making certain their portfolios are updated with the latest information. By scrubbing files with American InfoSource (AIS), clients can confidently substantiate filings, mitigate put-backs, retrieve current case status and verify specific docket events using our market-leading data and sophisticated matching logic. Clients simply deliver a file containing account information to be scrubbed against our proprietary bankruptcy database. Account information is not retained and the client chooses which notifications to receive and how often they want this performed.

Complete and Dependable Data

AIS' industry-preferred bankruptcy database contains an incomparable breadth of information, proving to be significantly superior to others in the market, in terms of file depth and quality. Updated daily, the AIS bankruptcy database utilizes a direct connection to the Federal Bankruptcy Court System to retrieve all new filings, updates to cases in progress, as well as claims register and creditor matrix data. Simply put, AIS collects all available information for every case dating back to 1948. When performing bankruptcy scrubs, AIS uses a batch process to deliver critical case information including, but not limited to, current status, key dates, court location, chapter, primary/secondary debtor and trustee.

Examples include:

  • Pre-Sale Account Analysis - Identify bankruptcies to mitigate put-backs and enhance pricing accuracy
  • Pending Bankruptcy Confirmation - Substantiate bankruptcies for account holders who have indicated an intention to file
  • General Data Hygiene - Locate bankruptcy activity within newly acquired portfolios
  • Bankruptcy Status Updates - Retrieve the current case status for bankrupt accounts
  • Special Event Identification - Verify if a specific docket event occurred for a list of known bankruptcies

The Advantage of SmartMatch Technology 

AIS has an unprecedented degree of confidence in matching our bankruptcy data to your accounts. AIS SmartMatch accurately captures previously unobtainable matches by more closely mimicking the decision processes a human would make when discerning a match. Utilizing the enhanced logic, rules, and quality controls developed by AIS, SmartMatch provides the most intelligent match results available.

  • Minimizes false positive hit rates
  • Looks at each record as a whole to determine match potential
  • Evaluates every field in a record against our data and applies a weighted score
  • Reduces false positives resulting from traditional matching algorithms used by competitors in the industry
  • Key factor in reducing clients' manual review rate by 70%

What Sets AIS Apart?

Over the years, the AIS data management team has worked extensively to enhance the bankruptcy information it provides to its clients. As a result, our processes have proven to produce the highest quality of data available in the market today.

  • Appends bankruptcy data with critical public record information
  • Provides full social security number and debtor address history
  • Undergoes 194 quality and business rule checks that each case must meet, in addition to the base checks completed during processing
  • Flags case for manual review if a case does not meet AIS standards
  • Works directly with court personnel to correct, in an expedient fashion, errors or omissions in the raw data from the courts

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