The lockbox process for Chapter 13 Bankruptcy Trustees' requires precision and proper handling. MPS Financial understands and responds to the needs of our clients to ensure each payment is handled with accuracy and integrity.
For Chapter 13 Bankruptcy Trustee customers, MPS provides a customized setup to comply with civil codes and judgment requirements:
Each bankruptcy trustee requires their own separate post office box numbers.
Before processing an item, each trustee has their own unique list of requirements to look for on the check and remittance envelope before payment is accepted.
Rejected items are then returned to the bankruptcy trustee's office by a daily courier for further handling between the debtor and the Trustee's office.