DRN's InsolvencyLink was spawned by the Lending community requesting a more cost effective tool for processing bankruptcies, credit counselling accounts and depot voluntaire files. With the inability to effectively measure process insolvencies in a cost effective means DRN once again rose to the challenge and created InsolvencyLink. Lenders are now taking advantage of our versatile software that can either be used in-house or completely outsourced. The results become measureable statistics and lower costs – Because what gets measured gets managed. More...

InsolvencyLink is integrated into DRN's network of hundreds of law firms. Through this established network - InsolvencyLink can help financial institutions and other credit grantors efficiently oppose a discharge or take other proceedings on its secure electronic platform resulting in increased recoveries by timely filings. Effective oppositions can be easily tracked and monitored to ensure that recoveries are maximized at the lowest possible expense.

Better management in one platform

InsolvencyLink will provide clients with the ability to manage their entire bankruptcy portfolio on one platform:

• All information is electronically stored allowing you to scan documents, track payments and dividends, customize reports, and electronically deliver all the proof of claims via email or automated fax software.
• Significant cost savings are gained through a reduction in the time required to process bankruptcy and credit counselling claims.
• Credit grantors achieve additional financial returns by combining DRN"s technology and knowledge in fighting bankruptcy abuses.

This electronic filing feature provides institutions with cost effective and efficient management of the bankruptcy process.