If you’ve been putting up with hidden fees, it’s time to switch your Claims and Noticing agent. Because once you switch to CPT Group, you’ll never see those hidden fees again.
Serving the bankruptcy and class action communities exclusively since 1984, CPT Group, Inc. specializes in providing professional, customized claims processing, noticing, and balloting services. CPT is known for providing best in class service at below market pricing. Our Legal Noticing and Claim fees are well below the industry average and our service is well above.
CPT is authorized to serve all major U.S. Bankruptcy Courts; the Southern District of New York Bankruptcy Court; and the Delaware District Bankruptcy Court.
CPT leverages a breadth of knowledge and an extensive, well-documented record of experience in handling bankruptcy and class action matters across the nation. CPT has provided bankruptcy services in such high-profile cases as the County of Orange, Edwards Theatres, Phil & Jims, Clothestime, Glen Ivy Resorts, Home Fed Corporation, Marriott Hotels, and Del Taco. Throughout our history, CPT has worked with leading firms and attorneys to administrate thousands of cases, processing millions of claims and disbursing billions of dollars.
CPT offers balloting and tabulation services on proposed plans of reorganizations. In collaboration with the debtor’s counsel, CPT will assist with identifying the correct members for each voting class. Creditor, class and amount-specific ballots are designed, printed and distributed by CPT along with the plan package. As ballots are received, CPT will promptly inspect, date/time stamp, and update our database to provide real-time reporting. A certification of balloting procedures and class tabulation results is supplied for filing with the court.
At CPT we take pride in our customer service. Our case support representatives stand ready to service all case inquiries, offering live, multi-lingual, 1:1 response, 5-days a week during business hours (extended hours available). Interactive Voice Response (IVR) assures that callers receive the assistance and support they require 24-hours a day. Each case is assigned a dedicated toll-free number which combined with our proprietary call tracking system makes for an accurate caller history for each and every call.
Reliable and cost-effective claims management have become increasingly more important in the administration of Chapter 11 cases and to the successful implementation of Plans of Reorganization. Whether a claim is filed electronically or by mail, CPT offers comprehensive services using our secure, proprietary, web-based claims management system where creditors and interested parties can look up their claims, bar date notices and other relevant case information with ease. Each case is unique, and CPT provides customized programming and reporting to accommodate your claim data needs. Our team of managers and claims processors have a combined experience of over 70 years and have processed millions of claims. They know what it takes to process claims accurately and expeditiously every time.
CPT Group provides a wide range of services to official committees to ensure that you get the guidance and management support you need. Some of the committee services we provide are:
CPT is fully equipped and ready to serve as your Court-appointed Disbursement Agent. Drawing on our extensive experience of over 35 years in bankruptcy and class action settlement administration, CPT can disburse payments of any size and in any increment, paper or electronic. CPT’s on-site team of tax and accounting professionals manage all aspects of the disbursement process, including opening and maintaining the bank account, preparation and distribution of payments, issuance and 1099 reporting, reconciliations, and final reporting for the Court. We understand now more than ever, it is imperative that your sensitive information is safeguarded, and CPT follows rigorous banking, federal government and quality control standards that exceed our competition.
With our state-of-the art printing and mailing equipment, we have the capability to process any size mailing in-house. We will do whatever it takes to get your get your job done—on time, every time. Some of our production equipment includes:
CPT will design and host your case specific website allowing debtors, official committees, professionals, advisors, trustees, and clients to securely access public and private case information at any time. Each website is built to include a user-friendly experience for quick and easy access to general case information, proof of claim forms, filing instructions, and court documents. CPT’s web servers are hosted on-site, and our fully staffed design and implementation team ensure reliability and support around-the-clock.
As the Noticing Agent, CPT will distribute all necessary communications including, First Day Orders, 341(a) Meeting Notices, Pleadings, Bar Date Notices, Proof of Claims Forms, Disclosure Statements, Motions, Hearing Notices, Plans Confirmation Notices, and provide certificates and affidavits for court filing. CPT has extensive experience in managing notifications of all sizes, ensuring your legal notices are handled in a timely, efficient and in a cost-effective manner. By leveraging our on-site, state-of-the-art production equipment, CPT delivers noticing services through first class mail, email, facsimile and overnight delivery. CPT is recognized as a Legal Noticing Expert by the Courts with a dedicated team tasked with the design, development, and execution of strategic media campaigns, reaching target audiences through a variety of media channels such as print publication in newspapers, magazines, trade journals, as well as online digital banner advertisement on Google and all social media platforms.