Stay ahead with real-time updates and comprehensive coverage powered by Quandis Bankruptcy Connect (QBC)
Stay ahead with real-time updates and comprehensive coverage powered by Quandis Bankruptcy Connect (QBC). Ensure no critical bankruptcy detail is missed with our advanced monitoring technology.
Seamless Bankruptcy Monitoring with Advanced PACER Integration
The Quandis Bankruptcy Connect (QBC) is a cutting-edge solution for automatically identifying and tracking changes in bankruptcy information. Leveraging data from PACER, QBC ensures you have the most accurate, up-to-date details at your fingertips.
With superior connectivity, scalability, and security, QBC stands out as a reliable tool for law firms, financial services, and businesses managing bankruptcy portfolios.
Whether you’re a law firm managing bankruptcy or a financial services firm performing acquisitions, QBC can
provide a solution to fit your specific needs. Here are some common use cases and how QBC provided a solution.
A financial services company uses QBC to monitor their portfolio of debtors. QBC will notify the company when a debtor declares bankruptcy, and once in bankruptcy, will monitor the status of the case.
Upon starting with QBC, they provide a spreadsheet of debtors to monitor, and periodically update that list with additions or subtractions. They only pay when a bankruptcy is found.
Law firms use QBC to track the progression of bankruptcy cases for their clients. QBC continuously monitors court dockets and provides real-time updates on any changes in the case status.
This helps attorneys stay informed without needing to manually search through court records, allowing them to focus on case strategy.
QBC replaces the need for manual PACER searches by attorneys. By automating the retrieval of case information from PACER, QBC saves time and ensures that attorneys receive the latest case updates directly into their systems.
This streamlines case management and reduces the administrative burden on legal teams.
Financial institutions looking to acquire non-performing loans (NPLs) from the secondary market use QBC to verify the bankruptcy status of potential borrowers.
QBC’s real-time bankruptcy monitoring ensures that buyers have up-to-date information before making acquisition decisions, reducing risk and enhancing due diligence.
Unlike competitors, QBC offers an unparalleled range of features to ensure comprehensive bankruptcy
monitoring. With QBC, you get more than just basic debtor and case monitoring.
The completion of a short sale shouldn’t be materially longer than a traditional real estate transaction, barring a requirement for subordinate lien approval. However, it can take up to a year for ill-prepared organizations to finalize short sales in today’s market. When we or one of our customers opts to move forward with a short sale, using Quandis’ technology, we are able to complete the transaction efficiently and expeditiously for all parties involved.
Automating the search of the PACER Web site via Quandis’ interface advances the process significantly. ResWare users will now be able to focus on the results of the search rather than the steps involved in obtaining those results.
With Quandis’ new enhancements, our attorney clients now have the ability to perform PACER and Docket searches for borrower bankruptcies on both the national and district level—with the click of a button from within CaseAware. It also conveniently collates information and saves money because Quandis only pulls Dockets as needed, thus avoiding incurring fees for repetitious transactions.
For Debtor Monitoring you are only charged for the debtors that return a hit. For example, if you submit 10,000 subjects and there is a 3% hit rate, you will be charged for 300 billable events.
Yes! Quandis offers minimal pricing tiers to allow smaller organizations to leverage QBC. As your business grows your volume will grow.
Yes, QBC integrates with PACER for real-time bankruptcy data from U.S. federal courts.
QBC delivers detailed reports on case status, filing dates, and other relevant bankruptcy details.
Don’t let gaps in bankruptcy monitoring jeopardize your operations. With QBC, you gain the power to identify and address critical changes in real-time, ensuring complete coverage and compliance
