The Sierra Consulting Case Management Services website can assist you in:

• Preparing the chapter 11 bankruptcy statements and schedules.
• Preparing the bankruptcy petition, listing of Top 20 unsecured creditors and other first day filing documents.
• Preparing the master service list as well as other customized service lists.
• Preparing preprinted proofs of claims including creditor name, address, class and claim amount.
• Recording and reconciling all filed claims to the scheduled claims with a built in database (including sort and filter features) to prepare objection exhibits.
• Preparing preprinted ballots with customized ballots including multiple ballot questions, capturing ballot votes and preparing ballot reports.
• Determining allowed claim amounts and calculating the amounts to be distributed to allowed claims by class and subclass including reserves for disputed claims.
• Ability to post all prepared documents, (such as the statements and schedules, service lists, ballot reports, etc.) as well as other important documents (such as the plan and disclosure statement) to a free public access website.

The Sierra CMS software can end up saving your client a considerable amount of money and time and could improve the whole case administration process. Here are just a few examples of how the Sierra CMS web-based statement and schedule preparation software and claims reconciliation process could save your client money:

• Since Sierra CMS is the only web based statement and schedule preparation software that allows for multiple users to enter the required data, this would enable your firm’s professionals to simultaneously input or upload from Excel the data to ensure that statements and schedules are filed on a timely basis. This includes a feature to easily amend all previously filed documents.
• The Sierra CMS web-based system could also allow the client to directly input their own data and save on professional fees.
• Sierra CMS also allows for the schedule data to be imported from an Excel template that will greatly reduce the amount of time and professional fees required to fill out the forms.
• The Sierra CMS software has an easy to use PACER / ECF interface for electronic filing of documents.
• Since the Sierra CMS software is web based and does not reside on one of your hard drives, it always has the most current forms and other updated information (e.g. priority claim limitation amounts) so there is no need to worry about having the most current versions.
• Whether you use the Sierra Consulting Group professionals to handle all of the case administration or use your firm’s professionals, you and the other parties that you designate will have 24/7 access to all of the most current data.
• The Sierra CMS software allows for easy tracking and updating to the master service list as well as the ability to create additional customized service lists. These lists can be printed as labels or used in a mail-merge function.
• The Sierra CMS software can custom print each proof of claim with the following data: the debtor name and case number, creditor name, creditor address, creditor claim amount and class and customized return mailing instructions. All of the data is extracted from the claim schedules and is available on-line.
• The pre-printed proofs of claims will greatly streamline the claims analysis and reconciliation process (which can be the most expensive part of this entire process) as each creditor will not have to figure out what type of claim they have or which debtor to file a claim against which usually results in the creditor filing a claim against all of the debtors. This will reduce the number of claims objections and significantly reduce costs.
• The preprinted proof of claim will also have the claim’s unique identification number on it so the filed claim can be quickly matched to the scheduled amount. This results in a streamlined claims objection process and can easily prepare the objection exhibits by objection type.
• The Sierra CMS software has easy to produce reports that can be used as exhibits in the claims objection process including amended claims, duplicate claims, disputed claims, and other customizable objections.
• The Sierra CMS system can prepare customized ballots with options to add additional issues to be voted on (such as an election to be include in a convenience class) with the creditor’s information preprinted on the ballot.
• When the ballots are returned, it will contain the unique claim identification number so their elections can be quickly reported and ballot reports be produced by class.
• Our system can also be used all the way through to designating the allowed claim amounts and class (or sub-class) to be used for plan disbursement purposes.
• Sierra CMS can also assist you in being the plan disbursement agent. The Sierra CMS software calculates the amount to be paid to each allowed claim (or reserved for disputed claims) based upon either a pro-rata portion of a predetermined pool amount or percent amount.