Due Diligence. Fingertips. at Your. Discover how easy it is to integrate important financial data with CINcompass

Transcription

1 Due Diligence at Your Fingertips Discover how easy it is to integrate important financial data with CINcompass Table of Contents Overview Getting Started 1. Ordering 2. Tracking 3. Integration Quick Tip: Importing

2 Gain access to due diligence at your fingertips Save time and increase accuracy by integrating the due diligence process with CINcompass Experience an easier, more convenient and faster way to access and verify data without ever leaving CINcompass. When you access due diligence features from CINcompass you will: Save Time Data is populated in the appropriate fields as soon as it is available. Increase Accuracy No more manual entry and the errors that go along with it. Control and Filter Data Speed up preparation and easily manage what data is imported. Centralized Storage Everything is saved in one location within the matter. Bankruptcy Matter Choose from a variety of BAPCPA-compliant due diligence products to auto-populate into your bankruptcy matter: Consumer Liability Reports (CLR)/Credit Reports Credit Counseling and Debtor Education Courses Real Property Appraisals & Title Products IRS Tax Transcripts Automobile Valuations Broker Price Opinion Post-Discharge Credit Reports Custom Matter If you are preparing a custom matter such as a divorce proceeding, choose from the following due diligence products to case: Real Property Appraisals & Title Products Broker Price Opinion IRS Tax Transcripts Automobile Valuations The ability to share and collaborate, allows our paralegal to order and authenticate due diligence items and get paystubs entered seamlessly. Eric Summers, Attorney Chicago, IL NOTE: The order and use of Consumer Credit Products is permissible only for the purpose of preparing a consumer bankruptcy case in performing due diligence and verification of consumer debts pursuant to the Bankruptcy Abuse Prevention and Consumer Protection Act of Need a CIN Legal Data Services Account? Contact Ray Stuchell at for more information or visit 2 Due Diligence at Your Fingertips: A Guide to Streamlining the Process

3 Getting started: Ordering due diligence products CINcompass offers a variety of ways to place due diligence orders for a bankruptcy matter. Place an order in a few easy steps Order through the Dashboard: 1. Login to CINcompass 2. Click Create on the toolbar 3. Select Due Diligence Order 4. Type in the client s name 5. Click Next NOTE: For a new matter, click Create a new order for a new matter 6. Complete the required Case and Applicant Information if it has not already been entered 7. Click Next 8. Select the desired products 9. Click Next NOTE: You will be prompted through the ordering process for each product The CINgroup

4 Ordering continued After entering your order you will have the ability to preview your shopping cart before placing your order in the Order Summary screen. 11. Satisfied with the order, click Create Order NOTE: You can remove a product from the order. Under Options, hover over the box and an icon will appear. Click it to delete the product View a Video Tutorial Place an order directly from a bankruptcy matter 1. Open the desired Matter 2. Click on Manage Matters 3. Select Due Diligence 4. Click Create new Order Repeat the previous steps 8-11 above Custom matter: Order through the dashboard or directly from a matter 1. To order follow the steps outlined for a bankruptcy matter above 2. Some of the products will not be available to purchase for a non-bankrupty matter 3. The items will be automatically stored in the Documents Tab 4 Due Diligence at Your Fingertips: A Guide to Streamlining the Process

5 Access order details and track progress Menus and next steps Once you click Create Order you can view order status and execute a variety of required activities from the Existing Order screen. This screen allows you to monitor the progress of the order, authenticate a client, access documents associated with an order and more. Add a product: Click the Plus icon to place an order for any additional documents. Import an existing order: If you have ordered any products before creating a matter in CINcompass, import them directly into the matter by clicking the Refresh icon. It will prompt you through the process allowing you to access the data. Order Summary: Download a summary of the order to share with your clients. Products assigned a Pending status: See the next section on Pending Examples for more details. CLR: A pending status may indicate you need to authenticate your debtor(s) identity and obtain their authorization. To authenticate click on Client Authentication at the top right of the screen. Credit Counseling and Debtor Education Courses: Once a course has been ordered, the debtor is notified via to take the selected course. Upon completion, the status changes, you are notified via and the certificates will be automatically uploaded. The certificate is stored under the matter in the Documents tab. Tax Transcripts: Form 4506-T is required by the I.R.S. in order to release your debtor s tax transcripts. Under Other Documents tab click Unsigned Tax Transcript Request to download and fax it in. Once completed, the transcripts will be available in three business days. And automatically populates question number 1 in SOFA. Broker Price Opinion: This order takes 72 hours before moving to Completed Status and is available under Manage Matter tab, under Documents. Post-Discharge CLR: The PDCLR takes 8-12 weeks after the case has been discharged to move to the Completed status. Products assigned a Completed status immediately: Data and document are available in the assets section in real-time and is assigned a Completed status. These products include: Vehicle Appraisal Ownership Report Property Appraisal Lien Search and Ownership Reports 2013 The CINgroup

6 Pending orders examples During Pending Status CINcompass highlights your order in the entry Courses are pending until the client has completed the course and the certificate is issued. Upon completion, the certificate will automatically be uploaded into Exhibit D as well as the Documents section under Manage Matter. Credit Counseling Courses CINcompass identifies your order and notifies you of the status. It keeps you informed on the progress and if you need to take any actions associated with an order. See some examples below. Asset Valuations The value is auto-populated once the order is complete. Depending on the order you may have instant access to the data. Automated Appraisals: Immediately populates Schedule A with the data. Automobile Valuations: Immediately populates Schedule B with the data. BPO: The pending stage takes 72 hours. Upon completion the market value is entered and the document is available to view. Icon identifies that the order has been placed. 6 Due Diligence at Your Fingertips: A Guide to Streamlining the Process

7 Data integration with Schedules: CLRs Save time and increase accuracy When the order status is Complete the data is available for import. In a few clicks you can import the data from the CLR directly into the schedules. The data is automatically populated into the appropriate Schedules streamlining the process and centralizing the information. To Import a Consumer Liability Report(CLR): 1. Open the desired Bankruptcy matter 2. Click on Bankruptcy Information 3. Select Liabilities Schedules 4. Select the existing CLR to Import from the drop down 5. Check your Import Settings before importing 6. Click Import NOTE: A confirmation message will be generated asking you to confirm the items for import. Additional CLR Tabs When you order a CLR from CIN Legal Data Services through CINcompass, you have access to public records provided by the Bureaus and a Third-party vendor, prior bankruptcies and any additional aliases. Import Settings: Import Unknown/Zero-Amount Accounts: Check this box to include zero-amount accounts found on the credit report Auto-assigned Schedules: Select this option to have CINcompass automatically assign liabilities to their expected schedules Show previously imported Accounts: This option will allow you to see any liabilities that may have already been imported into the matter Primary applicant is Husband: Uncheck this option if the Wife is the primary applicant in a Joint matter To import: 1. Select the Public Records tab 2. Choose the records you wish to import 3. Click Import or move to the Prior Bankruptcies tab. NOTE: The selections will be saved until you click Import under one of the tabs. 4. Select the records you wish to import 5. Click Import or move to the Aliases tab 6. Select the records you wish to import 7. Click Import 8. All tabs will import at this time The CINgroup

8 QUICK TIPS Importing Orders To Import an Existing Order: 1. Open the desired Bankruptcy Matter 2. Click on Manage Matter 3. Select Due Diligence 4. Click Create New Order 5. Enter the Case Information and Applicant Information 6. Click Next 7. To import the order: click Attach this order to CINcompass and add products 8. To create a new order: click New Order NOTE: CINcompass will import all products into the matter with no additional charge. 8 Due Diligence at Your Fingertips: A Guide to Streamlining the Process

9 Due Diligence at Your Fingertips Save time and increase accuracy by integrating due diligence products Experience an easier, more convenient and faster way to access and verify data Consumer bankruptcy attorneys, look no further, you have access to an affordable and comprehensive due diligence product line from CIN Legal Data Services that integrates directly with CINcompass. Choose from a wide array of products and services that assist with providing the most accurate information or provide BAPCPA-compliant courses for your clients. Due diligence is literally at your fingertips, simply order and import data without ever leaving CINcompass. It s that easy Order the following via the Due Diligence menu or directly from a matter: Credit Reports I.R.S. Tax Transcripts Real Property Appraisals Real Property Title Products Real Property Valuations Credit Counseling Courses Debtor Education Courses Call for more information or to set up an account with CIN Legal Data Services. The CINgroup provides innovative due diligence and workflow products for attorneys practicing bankruptcy. Serving customers nationwide, our software products include Best Case Bankruptcy, CINcompass and EZ-Filing along with due diligence services under CIN Legal Data Services, Suite Solutions and Quadrant Legal Solutions names Honeywell Court, Dayton, Ohio DD_QSGCIN_1013