Bankruptcy Filing Process Improved by Software Technology

The stunning growth in bankruptcy filings in Los Angeles County over the past twelve months has bankruptcy attorneys scrambling to keep up with their increasing workloads. Following a 75% increase in filings for March, April filings for Chapter 7, Chapter 11, and Chapter 13 bankruptcies increased by another 50%. With expectations for continuing increases in bankruptcy filings, the case and document load for bankruptcy attorneys is anticipated to be even more challenging for the second half of 2010.

To mitigate these challenges and provide the highest standard of representation for its bankruptcy clients, Zhou & Chini is pleased to announce the acquisition of state of the art software technology which delivers management and monitoring capabilities for each of the firm’s bankruptcy filings.

The software system, which can be deployed for Chapter 7, Chapter 11, and Chapter 13 bankruptcies, has been customized with upgrades and applications specific to the needs of the clients and the attorneys at Zhou & Chini. The system incorporates a wide variety of features, all of which are designed to deliver the highest level of efficiency, the best end result for the client, and the processing of each bankruptcy filing as quickly as possible. The features of the new software system include:

The immediate determination of whether a client qualifies for a Chapter 7 or Chapter 13 filing. Rather than waiting for the results of a means test, the “propensity engine” calculates which type of bankruptcy will best serve an applicant using the information from a simple intake questionnaire. The engine can also determine whether emergency measures should be taken on actions such as foreclosures, repossessions, or wage garnishments.
After the determination of the appropriate bankruptcy format and initiation of the process, the software’s management system provides automatic updates on the status of the filing and the flow of documents. These capabilities enable both the client and attorney to view the progress of the bankruptcy in real-time, providing a never before seen level of efficiency by eliminating redundant and unproductive administrative work.
The management software allows for interface and information sharing between different bankruptcy related documents to ensure the streamlined processing of all paperwork.
The efficiency of document processing by the system allows for the filing of Chapter 7, Chapter 11, or Chapter 13 bankruptcies in less than half the time typical of other bankruptcy attorneys.

As bankruptcy workloads grow at other bankruptcy firms, it becomes increasingly likely that more cases will end up in the hands of paralegals or other non-attorney staff members. At the same time, the chances of a client speaking directly with an attorney decreases with each incoming case.

The ultimate benefit of the new software system at Zhou & Chini is that the management of process and document flow frees their bankruptcy attorneys from paperwork issues and instead allows them to focus on getting their clients the best result possible from their bankruptcy. It is only with this kind of regular communication between client and attorney that optimal outcomes in bankruptcies can be achieved.

For a FREE consultation on how a Chapter7, Chapter 11, or Chapter 13 bankruptcy can benefit you call the Law Offices of Zhou & Chini today.

From the author: Information about The Law Offices of Zhou & Chini

Think Bankruptcy Might Be for You?