Systems, methods and computer program products that facilitate matching of debtor payments to collection authority accounts
A method includes retrieving a debtor payment voucher file from a third party repository of bankruptcy trustee data, such as the National Data Center, wherein the debtor payment voucher file comprises information regarding debtor payments to a bankruptcy trustee; identifying a first set of debtor payment transaction information contained within the debtor payment voucher file that can be associated with one or more bankruptcy accounts of a collection authority; identifying a second set of debtor payment transaction information contained within the debtor payment voucher file that cannot be associated with one or more bankruptcy accounts of the collection authority; and combining the first set of debtor payment transaction information into a batch file. General ledger account entries for debtor payment transaction information in the batch file are generated and these general ledger account entries are then posted to an accounting system.
1. A method of facilitating the matching of debtor payments to collection authority accounts, comprising:
retrieving a debtor payment voucher file from a third party repository of bankruptcy trustee data, wherein the debtor payment voucher file comprises information regarding debtor payments to a bankruptcy trustee;
identifying a first set of debtor payment transaction information contained within the debtor payment voucher file that can be associated with one or more bankruptcy accounts of a collection authority;
identifying a second set of debtor payment transaction information contained within the debtor payment voucher file that cannot be associated with one or more bankruptcy accounts of the collection authority;
combining the first set of debtor payment transaction information into a batch file;
determining a bankruptcy account of the collection authority that should be associated with the second set of debtor payment transaction information; and
appending the second set of debtor payment transaction information into the batch file,
wherein at least one of receiving a debtor payment voucher file, identifying a first set of debtor payment transaction information, identifying a second set of debtor payment transaction information, combining the first set of debtor payment transaction information into a batch file, determining a bankruptcy account, and appending the second set of debtor payment transaction information is performed using at least one processor.
2. The method of claim 1 , wherein retrieving a debtor payment voucher file from a third party repository of bankruptcy trustee data is in response to receipt of a notification from the third party.
3. The method of claim 1 , wherein the third party is the National Data Center.
4. The method of claim 1 , wherein identifying a first set of debtor payment transaction information contained within the debtor payment voucher file that can be associated with one or more bankruptcy accounts of a collection authority comprises identifying each individual payment made by a debtor associated with the one or more bankruptcy accounts of the collection authority.
5. The system of claim 1 , wherein the third party is the National Data Center.
6. A method of facilitating the matching of debtor payments to collection authority accounts, comprising:
retrieving a debtor payment voucher file from a third party repository of bankruptcy trustee data, wherein the debtor payment voucher file comprises information regarding debtor payments to a bankruptcy trustee;
identifying a first set of debtor payment transaction information contained within the debtor payment voucher file that can be associated with one or more bankruptcy accounts of a collection authority;
identifying a second set of debtor payment transaction information contained within the debtor payment voucher file that cannot be associated with one or more bankruptcy accounts of the collection authority;
combining the first set of debtor payment transaction information into a batch file;
determining a bankruptcy account of the collection authority that should be associated with the second set of debtor payment transaction information;
appending the second set of debtor payment transaction information to the batch file; and
generating general ledger account entries for debtor payment transaction information in the batch file and posting the general ledger account entries to an accounting system,
wherein at least one of receiving a debtor payment voucher file, identifying a first set of debtor payment transaction information, identifying a second set of debtor payment transaction information, combining the first set of debtor payment transaction information, determining a bankruptcy account of the collection authority that should be associated with the second set of debtor payment transaction information, appending the second set of debtor payment transaction information to the batch file is performed using at least one processor, and generating general ledger account entries for debtor payment transaction information in the batch file and posting the general ledger account entries to an accounting system is performed by at least one processor.
7. The method of claim 6 , wherein retrieving a debtor payment voucher file from a third party repository of bankruptcy trustee data is in response to receipt of a notification from the third party.
8. The method of claim 6 , wherein the third party is the National Data Center.
9. The method of claim 6 , wherein identifying a first set of debtor payment transaction information contained within the debtor payment voucher file that can be associated with one or more bankruptcy accounts of a collection authority comprises identifying each individual payment made by a debtor associated with the one or more bankruptcy accounts of the collection authority.
10. A system of facilitating the matching of debtor payments to collection authority accounts, comprising at least one processor configured to:
retrieve a debtor payment voucher file from a third party repository of bankruptcy trustee data, wherein the debtor payment voucher file comprises information regarding debtor payments to a bankruptcy trustee;
identify a first set of debtor payment transaction information contained within the debtor payment voucher file that can be associated with one or more bankruptcy accounts of a collection authority;
identify a second set of debtor payment transaction information contained within the debtor payment voucher file that cannot be associated with one or more bankruptcy accounts of the collection authority;
combine the first set of debtor payment transaction information into a batch file;
determine a bankruptcy account of the collection authority that should be associated with the second set of debtor payment transaction information; and
append the second set of debtor payment transaction information into the batch file.
11. The system of claim 10 , wherein the at least one processor is configured to retrieve a debtor payment voucher file from a third party repository of bankruptcy trustee data in response to receipt of a notification from the third party.
12. A system of facilitating the matching of debtor payments to collection authority accounts, comprising at least one processor configured to:
retrieve a debtor payment voucher file from a third party repository of bankruptcy trustee data, wherein the debtor payment voucher file comprises information regarding debtor payments to a bankruptcy trustee;
identify a first set of debtor payment transaction information contained within the debtor payment voucher file that can be associated with one or more bankruptcy accounts of a collection authority;
identify a second set of debtor payment transaction information contained within the debtor payment voucher file that cannot be associated with one or more bankruptcy accounts of the collection authority;
combine the first set of debtor payment transaction information into a batch file;
determine a bankruptcy account of the collection authority that should be associated with the second set of debtor payment transaction information;
append the second set of debtor payment transaction information to the batch file; and
generate general ledger account entries for debtor payment transaction information in the batch file and posting the general ledger account entries to an accounting system.
13. The system of claim 12 , wherein the at least one processor is configured to retrieve a debtor payment voucher file from a third party repository of bankruptcy trustee data in response to receipt of a notification from the third party.
14. The system of claim 12 , wherein the third party is the National Data Center.
15. A computer program comprising a non-transitory computer readable storage medium having encoded thereon instructions that, when executed on a processor, cause the processor to perform operations comprising:
retrieving a debtor payment voucher file from a third party repository of bankruptcy trustee data, wherein the debtor payment voucher file comprises information regarding debtor payments to a bankruptcy trustee;
identifying a first set of debtor payment transaction information contained within the debtor payment voucher file that can be associated with one or more bankruptcy accounts of a collection authority;
identifying a second set of debtor payment transaction information contained within the debtor payment voucher file that cannot be associated with one or more bankruptcy accounts of the collection authority;
combining the first set of debtor payment transaction information into a batch file;
determining a bankruptcy account of the collection authority that should be associated with the second set of debtor payment transaction information; and
appending the second set of debtor payment transaction information into the batch file.
16. A computer program comprising a non-transitory computer readable storage medium having encoded thereon instructions that, when executed on a processor, cause the processor to perform operations comprising:
retrieving a debtor payment voucher file from a third party repository of bankruptcy trustee data, wherein the debtor payment voucher file comprises information regarding debtor payments to a bankruptcy trustee;
identifying a first set of debtor payment transaction information contained within the debtor payment voucher file that can be associated with one or more bankruptcy accounts of a collection authority;
identifying a second set of debtor payment transaction information contained within the debtor payment voucher file that cannot be associated with one or more bankruptcy accounts of the collection authority;
combining the first set of debtor payment transaction information into a batch file;
determining a bankruptcy account of the collection authority that should be associated with the second set of debtor payment transaction information;
appending the second set of debtor payment transaction information to the batch file; and
generating general ledger account entries for debtor payment transaction information in the batch file and posting the general ledger account entries to an accounting system.