Payment Allocation & Claims Tracking

Automatically match, allocate, and track trustee payments against bankruptcy claims to simplify reconciliation and provide greater visibility into payment activity and recoveries.

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Match payments to the right claims

Bring together National Data Center trustee payment feeds, bankruptcy claim records, case information, and client account and portfolio data.

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Allocate payments accurately

Identify incoming trustee payments and match them to the appropriate bankruptcy claims and accounts.

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See recovery activity clearly

Allocate payments across claims and accounts and link incoming payments to previously filed claims.

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Simplify reconciliation and reporting

Track payment status, allocations, claim balances, and recoveries to improve visibility and reduce manual reconciliation.

Common Questions

Clear answers about how Payment Allocation & Claims Tracking works and what teams receive.

Does it...

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Does it automatically identify trustee payments?

Yes. PACT automatically identifies incoming trustee payments using National Data Center payment feeds.

Does it match payments to bankruptcy claims?

Yes. Incoming payments are matched to the appropriate claims and accounts.

Does it allocate payments across claims and accounts?

Yes. PACT supports payment allocation across claims, accounts, and portfolios.

Does it track claim balances and recoveries?

Yes. The solution tracks payment allocations, claim balances, payment status, and recoveries.

Does it link payments to previously filed claims?

Yes. Incoming trustee payments can be linked to previously filed bankruptcy claims.

Does it...

Let’s talk

Does it automatically identify trustee payments?

Yes. PACT automatically identifies incoming trustee payments using National Data Center payment feeds.

Does it match payments to bankruptcy claims?

Yes. Incoming payments are matched to the appropriate claims and accounts.

Does it allocate payments across claims and accounts?

Yes. PACT supports payment allocation across claims, accounts, and portfolios.

Does it track claim balances and recoveries?

Yes. The solution tracks payment allocations, claim balances, payment status, and recoveries.

Does it link payments to previously filed claims?

Yes. Incoming trustee payments can be linked to previously filed bankruptcy claims.