ICE offers web-based capabilities to help you efficiently manage loans through the various stages of the bankruptcy process, including notification, case monitoring, closing, and claim filings. The Bankruptcy solution supports existing business processes with configurable event tracking and client-defined exception handling to help you streamline bankruptcy processes, reduce risk, and communicate more effectively with attorneys. The Bankruptcy solution seamlessly integrates with the MSP® loan servicing system and bankruptcy services, such as NDC and AACER. The guided navigation and event timeline management tools provide an easy path to help you track and manage court filings. It offers robust capabilities including advanced rules-based technology to help with various processes, including the creation of the proof of claim forms, payment notifications, escrow analysis and document collaboration with attorneys. The solution also provides the ability to upload and print documents, and can then transmit the data to an approved third party to complete the filing.

Features:

• Adapts to existing business processes: Supports existing business processes and exception management with out-of-the-box configuration that can be customized.
• Automated processes and event tracking management: Offers robust capabilities including advanced rules-based technology to help with various processes, including the creation of the proof of claim forms, payment notifications, escrow analysis and document collaboration with attorneys.
• Automated work item management: Maximize efficiencies while reducing risk, human error and processing timelines.
• Integration with MSP and docket providers: The MSP loan servicing system is the mortgage industry’s leading servicing software for portfolios of all sizes; Bankruptcy can also integrate with the docket provider the servicer chooses.
• Risk mitigation: Minimize errors and risk by preparing, modifying and approving court forms, such as the proof of claim. The solution also provides the ability to upload and print documents, and can then transmit the data to an approved third party to complete the filing.