Bankruptcy Notice Providers

Probably the most likely scenario in which a bankruptcy notice provider will be employed is to gather a list of creditors/claimants in a Chapter 11 filing. In instances such as this, as much as experienced providers will have ways of finding out who they need to contact as far as bankruptcy notices are concerned, they should also have the resources and savvy to know how to make this announcement in the most effective way.

Major informational campaigns may be appropriate for such large-scale reorganization plans, and perhaps even more so for something like a Chapter 9 bankruptcy. In some cases, meanwhile, bankruptcy notices must be tailored to an individual creditor to reflect their unique circumstances.

Where a one-on-one notification is needed, and likewise where time is of the essence, a bankruptcy notice provider can ensure that this form of communication is delivered quickly, discreetly and reliably, whether in a physical copy or an electronic version. It should be noted that prospective providers must apply to the bankruptcy court with jurisdiction over these proceedings to be certified and approved as a notice provider.

NEXT: Easy Steps to Avoid Bankruptcy