CoreLogic Introduces New BAPCPA Compliance Suite at NACBA Convention
Email Dan Smith
April 11, 2011, Santa Ana, Calif. –
—Bankruptcy-specific credit report joins expanded single-source compliance services, additional platform integrations for consumer bankruptcy attorneys—
CoreLogic® (NYSE: CLGX), a leading provider of information, analytics and business services, today announced that CoreLogic Credco, the nation’s number one provider of merged credit reports, introduced the View Report—a credit reporting solution tailored specifically for U.S. consumer bankruptcy attorneys. In seconds, the View Report delivers an easy-to-read format that has been designed to help attorneys quickly and easily comply with the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) requirement to certify the accuracy of a debtor’s liabilities and assets. The new report will be formally launched, along with a complete line of single-source bankruptcy compliance solutions, at this year’s 19th Annual National Association of Consumer Bankruptcy Attorneys (NACBA) Convention April 14 – 17, 2011.
The View Report, which is uniquely designed to satisfy specific data verification needs for bankruptcy attorneys, automatically includes a predictive post-bankruptcy credit score analysis—free of charge—along with a convenient, easy-to-read summary section that provides an at-a-glance view of a debtor’s profile information. Combining credit data from 1, 2 or all 3 national credit bureaus—plus public data—into a single data-rich format, the report features merged tradelines that provide a full-risk view of a debtor’s liabilities. Tradelines, color-coded indicators and other key data elements are boldly displayed for quick, reliable interpretation and verification, including bankruptcy-specific creditor contact information, account balances, installment accounts, revolving credit and mortgages.
“Speed, ease of use, relevant data and an intelligent design have converged into a single, BAPCPA-compliant credit reporting solution,” said Patrick Colbert, vice president of bankruptcy solutions for CoreLogic Credco. “The result is a powerful, next-generation verification tool that helps streamline the due diligence process, saving time and improving overall efficiency for consumer bankruptcy attorneys.”
The View Report is part of an expanded launch of single-source BAPCPA compliance services, which includes new EOUST-approved (The Executive Office for United States Trustees) pre-filing counseling and post-discharge debtor education courses. Additionally, CoreLogic Credco has expanded View Report integrations with the industry’s most popular bankruptcy software applications—Best Case®, EZ Filing®, LegalPro® and New Hope®—plus, a newly redesigned website (www.corelogiclegal.com) featuring a user-friendly interface, access to bankruptcy industry news, and Facebook and Twitter integrations.
“Combined with direct customer feedback, we’ve leveraged more than 50 years of credit reporting experience to deliver a powerfully intuitive credit report, along with a wide range of customized BAPCPA compliance solutions, at the lowest prices in the industry,” continued Colbert. “The View Report features a smart, intuitive design packed with relevant, easy-to-spot debtor liability and asset information – without the distraction of duplicative tradelines or non-bankruptcy specific data.”
CoreLogic Credco offers a wide range of fully customizable BAPCPA compliance products and services that include income verification; nationwide asset searches; previous bankruptcy filings; real estate valuations; vehicle valuations; post-discharge credit report; public records and medical collections information. Plus, CoreLogic Credco offers exclusive one-call consumer assistance and disputes resolution services with the three national credit bureaus.
For more information on single-source bankruptcy compliance solutions, visit CoreLogic Credco at Booth #37 at the NACBA Convention, call (866) 376-3994 or visit www.corelogiclegal.com.
About CoreLogic Credco
Tracing its history over 50 years, CoreLogic Credco is the nation’s number one provider of merged and specialized credit reports, processing over 90 million credit and related transactions annually. With access to one of the nation’s largest consumer and business databases, CoreLogic Credco leads the bankruptcy; automotive; mortgage; recreational vehicle; marine and other specialty credit and retail markets with a broad range of advanced business information solutions designed to reduce risk and improve business performance. For more information visit www.credco.com.
CoreLogic (NYSE: CLGX) is a leading provider of consumer, financial and property information, analytics and services to business and government. The company combines public, contributory and proprietary data to develop predictive decision analytics and provide business services that bring dynamic insight and transparency to the markets it serves. CoreLogic has built the largest U.S. real estate, mortgage application, fraud, and loan performance databases and is a recognized leading provider of mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services. More than one million users rely on CoreLogic to assess risk, support underwriting, investment and marketing decisions, prevent fraud, and improve business performance in their daily operations. Formerly the information solutions group of The First American Corporation, CoreLogic began trading under the ticker CLGX on the NYSE on June 2, 2010. The company, headquartered in Santa Ana, Calif., has more than 10,000 employees globally with 2010 revenues of $1.6 billion. For more information visit www.corelogic.com.
CoreLogic and Credco are both registered trademarks of CoreLogic. The View Report is a trademark of CoreLogic.