Bankruptcy Monitor

  • All bankruptcy information in a structured data stream
  • Import into your IT system and match with existing data
  • Approximately 150,000 new bankruptcies per year

Insolvent customers present a difficulty to predict risk to your business. Even if the probability of default is small, the consequences of non-payment may be considerable. We process daily new bankruptcy cases with your customer base and inform you as soon as one of your customers signs for bankruptcy. Early information is important when you are able to register receivables with others before the bankruptcy administrator. So you increase the chance to get a part of your demands. In addition to the application for bankruptcy, we inform you about changes in the status of the insolvency proceedings and other important details (security measures, notification deadlines, residual debt relief, correspondence address administrators).