Morgan Drexen Developes the Nations Largest Bankruptcy Automation Systems
09-May-2011 | News-Press Release
According to the Federal Reserve the national debt level has continued to increase on average at a rate of $4.6 billion per day since 2007. In recent weeks Morgan Drexen supported attorneys using the integrated legal systems have seen record debt settlements.
Morgan Drexen provides automated legal support systems to attorneys across the United States. The legal automation of Morgan Drexen supports the critical linking of complex documentation through their proprietary software. Morgan Drexen Integrated Systems (MDIS) and Morgan Drexen Client Service Software (MDCS) allows attorneys to be productive while saving time and money.
As consumer debt continues to grow Morgan Drexen continues to see a demand by attorneys for complex financial automation.
This week welcomes the launch of an automated bankruptcy module that empowers attorneys to guide consumers through the bankruptcy process efficiently. While still in the final phase of development and testing Morgan Drexen are already receiving positive feedback from attorneys nationwide. “At last a consumer friendly program that takes the hard work out of a financially emotional process,” adds Susan Muzila, Director for Strategic Planning for Morgan Drexen.
“The Automated Bankruptcy Module (ABM) developed for Morgan Drexen’s Integrated Services (MDIS) is the first enterprise automation software developed with the capability to service 1000’s of consumers,” says Morgan Drexen CEO Walter Ledda.
Morgan Drexen developed the automation allowing attorneys nationwide to deal with bankruptcy cases in a multi state and a multi law firm environment.
“The bankruptcy automation provides attorneys with the ability to process documentation in an efficient and productive manner,” adds Ledda
Director of Strategic Planning Susan Muzila says, “This was really a natural progression for our software programs. We currently provide attorneys the automation for non-formal debt resolution programs. With bankruptcy rates so high we wanted to provide a safe alternative platform for our attorney’s to help those consumers who feel that a formal bankruptcy would be beneficial to them,’ says Muzila.
“Attorneys representing consumers through formal bankruptcy proceedings are expensive. Consumers’ benefit when the process is automated and the savings passed on. The output and increased productivity have been two of the biggest reasons in justifying the use of automation,” explains Ledda.
Consumer bankruptcy filings rose by 2.6% in March the highest levels recorded in eleven months.
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