Those in the Collections industry know how important it is to maintain up-to-date contacts and records, especially when it comes to Bankruptcy data. Thankfully, Enformion’s bankruptcy records scrub helps you go through your records quickly and automatically update them so you know if a debtor has a bankruptcy record.
In addition, we have recently expanded our bankruptcy data sources to provide enhanced results and capabilities. Our detailed bankruptcy record scrub process returns all the data needed to validate an individual’s bankruptcy, including:
Enformion’s full data set encompasses over 120 billion records from over 6,000 sources. Our platform also searches comprehensive nationwide bankruptcy databases to quickly identify new filings, as well as recently deceased individuals, including:
Our data solutions will help you automatically discover, monitor, and manage changes in bankruptcy case information. You will also improve recovery rates by knowing where to focus your efforts on still-collectible accounts. Our automated processes also save you previously wasted time spent on manual records scrubs. Ultimately, time saved is also money saved!
Another important factor to consider when dealing with people who have filed bankruptcy is protecting yourself from unlawful collection efforts. With automated updates, you will stay on top of all facets of a customer’s account to ensure you abide by ever-changing laws and regulations.
In order to support your individual needs, Enformion offers all of our data and solutions in customizable delivery methods such as a cloud-based platform, Batch, and API. Contact us today to learn more about how we can aid in your Bankruptcy collections efforts!