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by LegalPRO Systems

(97 reviews)
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Jubilee by LegalPRO Systems is a provider of practice management software focusing on small law firms. Jubilee has simplified client & law firm management with an easy to use platform that is delivered at a cost lower than any other provider. In one place, attorneys can file bankruptcy cases, record case details, use secure text messaging with clients, track court notices, attach documents, send invoices, and process payments. Affordable Practice Management & Bankruptcy Software for the Legal Professionals.
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NextChapter's web-based bankruptcy software program allows you to prepare Chapter 7, Chapter 11, and Chapter 13 bankruptcy cases on any browser, any device, any time. With intuitive time-saving features, clean design, integrations and firm customizations, NextChapter streamlines everything you need to run your bankruptcy practice in the cloud. Learn why thousands of legal professionals have switched to NextChapter. Try it for free at NextChapterBK.com. Bankruptcy software for the modern attorney. Web-based app for attorneys to prepare, manage, and file bankruptcy cases online.
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From start to finish, Best Case by Stretto has everything attorneys need to prepare, file and manage Chapters 7, 9, 11, 12, 13 and 15 bankruptcy cases. Built-in tools boost time savings on every case, and integrated data eliminates tedious manual data entry and increases accuracy. And with Best Case, you can be confident knowing you always have the most up-to-date federal and local forms and revised Census Bureau and IRS data. Download a free demo version today. Bankruptcy software for attorneys that streamlines bankruptcy case preparation, e-filing and post-petition filing.
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Practice Management and Client Management Software. Incorporates Case Management with accounting integration, permitting billing and invoicing alongside providing calendar management. It also facilitates document management, library management. This software is designed specifically for attorneys and provides practice management with accounting. We specialize in Consumer Bankruptcy. Automatically post Court and Client Emails On Line Calendar Integration Law Office Automation with an eye toward Bankruptcy Practice. Cloud or on premise versions.

by Credit Infonet

(2 reviews)
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Cloud based bankruptcy solution with bankruptcy forms, workflow management, and practice management. Cloud based bankruptcy solution with bankruptcy forms, workflow management, and practice management.
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Real Estate Closing Software; HUD-1, HUD-1A RESPA Settlement, Escrow Disclosure, Truth-in-Lending (Reg-Z) and more. Real Estate Closing Software; HUD-1, HUD-1A RESPA Settlement, Escrow Disclosure, Truth-in-Lending (Reg-Z) and more.
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Helps practices file chapter 7, 11, and 13 bankruptcy electronically. Helps practices file chapter 7, 11, and 13 bankruptcy electronically.

by Walter Oney Software

(0 reviews)
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Bankruptcy petition and case management software that allows to track the claims register, mail documents, locate previous filings. Bankruptcy petition and case management software that allows to track the claims register, mail documents, locate previous filings.

by Altisource Solutions

(0 reviews)
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Allows loan servicers to take control of the bankruptcy and foreclosure process and provides easy communication with lawyers. Allows loan servicers to take control of the bankruptcy and foreclosure process and provides easy communication with lawyers.

by QwikFile

(0 reviews)
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A tool that helps attorneys and individual consumers prepare chapter 7 and chapter 13 bankruptcy forms with automated calculations and electronic signatures. A tool that helps attorneys and individual consumers prepare chapter 7 and chapter 13 bankruptcy forms.

by The Standard Legal Network

(0 reviews)
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Chapter 7 and chapter 13 bankruptcy form preparation solution for paralegals and legal firms. Chapter 7 and chapter 13 bankruptcy form preparation solution for paralegals and legal firms.

by Solvemint

(0 reviews)
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Online software for corporate insolvency resolution process management for insolvency professionals & resolution. Online software for corporate insolvency resolution process management for insolvency professionals & resolution.

Bankruptcy Software Buyers Guide

What is bankruptcy software?

Bankruptcy software is a tool that law firms use to automate the processes of filing bankruptcy and meeting the court’s compliance standards. It speeds up the processes by automating data entry and legal calculations. The software also helps firms manage bankruptcy cases and file electronic petitions.

The key features of this software include forms automation, electronic filing, and forms library.

The benefits of bankruptcy software

  • File petitions faster: Helps lawyers digitally file petitions for transfer to all the case management/electronic case file (CM/ECF) courts. Filing petitions directly to a court’s website reduces the turnaround time.
  • Automate legal calculations: Automates calculations for means test, exemptions, commitment periods, and repayment plans. The software runs the means test, based on the case data, to find the chapter of bankruptcy. It also uses data such as, the median family income, to calculate the presumption of abuse and commitment period.
  • Update bankruptcy rules automatically: Updates forms and rules automatically whenever the courts update forms and federal rules to simplify the legal process. These changes are consistent in all forms and include revised consensus and feature updates.
  • Auto-populate legal data: Populates data automatically in the recurring fields. Details, such as debtor’s identity, jurisdiction-specific data, and case numbers, are auto-populated into forms and schedules.

Typical features of bankruptcy software

  • Case management: Manage cases easily with the help of centralized document access and automated workflows.
  • Legal forms library: Use pre-designed, industry-specific forms from the available library.
  • Forms automation: Automate repetitive data entry and form creation.
  • Electronic filing: Transmit documents digitally to the regulatory authorities.
  • Calendar management: Create, manage, and share multiple calendars.
  • Calculators: Calculate exemptions, repayment plans, and means tests.

Considerations when purchasing bankruptcy software

  • Verifying the end user: Each bankruptcy solution has its target end users. Some licenses allow an attorney to file petitions, whereas others allow paralegals and virtual assistants to file under the attorney’s license. Some tools also include do-it-yourself (DIY) capabilities for private citizens that don’t offer process automation and may be irrelevant for lawyers. Therefore, verify each solution’s targeted users before purchase.
  • Checking for compliance with relevant state laws: Each state has different asks, such as hardware requirements and specific laws, which the software needs to comply with. Therefore, ensure that your solution is compatible with the systems used in your district’s courts.
  • Assessing post-filing forms: It’s important to consider the functionalities associated with post-filing forms such as “motions to convert” forms. Check whether the vendor’s predesigned forms and editing procedures suit your law firm’s requirements. Also, check if the post-filing forms offer all the functions you need.
  • Machine learning to help firms predict bankruptcy: Studies suggest that machine learning (ML) could accurately predict the occurrence of bankruptcy two years before it happens. This can be done by feeding a large data set into an ML-based learning model for assessing the risk of bankruptcy. The technology makes predictions based on the connection between the financial metrics and risk of bankruptcy.
  • AI to lead the way in bankruptcy investigation: Artificial intelligence (AI) is increasingly being used in complex bankruptcy investigations. It can easily sift through large amounts of structured and unstructured data such as the general ledger, emails, third-party data, social media data, and transaction data. This will make insolvency investigations more cost efficient, accurate, and sophisticated.