1-Day Rule on Rabobank Wire Transfer Dates

Banking Tip: 1-Day Rule on Rabobank Wire Transfer Dates When submitting wire transfers, make sure the date reflected on the form is dated no earlier than one business day before the transfer. We realize that many of you may prepare these forms in advance, but we want to make you aware that Rabobank, like all other..





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What To Do When Creditors Won’t Cash Checks

Trustee Tip: What To Do When Creditors Won’t Cash Checks As a case is winding down and you need to begin the distribution of funds, the returning of these funds can be one of the most frustrating aspects of closing a case. Lately, we have seen trustees and their assistants having to deal with a large..





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Live, Online CaseLink Web Training – July-August 2013

Live, Online CaseLink Web Training – July/August 2013 Learn to leverage BMS software solutions and services with exclusive training just for BMS clients using CaseLink Web. Please visit the Webinar Schedule on our Remote Training & Collaboration Portal to choose a class that is convenient for you. Each of these courses is about 30 minutes long. The..





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1st LCI Consumer Information Report is Free this August

New Product: 1st LCI Consumer Information Report is Free this August Improve Your Due Diligence Efforts By now, you’ve probably heard that BMS has joined with LCI, a leading provider of comprehensive bankruptcy and consumer data, to offer BMS clients the latest in investigative technology: the new LCI Consumer Information Report (CIR). If not, take a look at..





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Live, Online Training – August 2013

Live, Online Training – August 2013 Learn to leverage BMS software solutions and services with exclusive training just for BMS clients. Please visit the Webinar Schedule on our Remote Training & Collaboration Portal to choose a class that is convenient for you. Each of these courses is about 30 minutes long. The following is a list of..





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Ensure Personally Identifiable Information (PII) is Protected

Trustee Tip: Ensure Personally Identifiable Information (PII) is Protected New requirements surrounding the protection of Personally Identifiable Information (PII) were introduced in the Handbook in May 2010. With the everyday use of smart phones, tablets, flash drives and portable computers for work, and the ability to access debtor and estate information from any of these..





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Interim Reports Made Easier Thanks to Pati McKinney

Raving Fan: Interim Reports Made Easier Thanks to Pati McKinney Appointed in 1987, Kyle Cooper was the first trustee to use BMS software to help with administering cases in the state of Kentucky. He was amazed by the ease of use and the productivity he gained. So later, when he was appointed to the panel..





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Posting Wire Transfers to Ledger in TrustWorks

Posting Wire Transfers to Ledger in TrustWorks Any incoming wires processed through Rabobank will appear on the “Banking Communication” screen the morning after they are received in TrustWorks. The ‘Bank Activity’ screen is shown below. For Wires Received through TrustWorks: To post the wire transaction to your case ledger, highlight the wire, click on “Post to..





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Deposit Slips and ACH Transfer Updates

Banking Tips: Deposit Slips and ACH Transfer Updates Sending Rabobank the Correct Deposit Slip As you know, your deposit slips come in sets of three. You will notice that the first slip on the sheet contains the micro-encoding (MICR) line located at the bottom of your deposit ticket. This first deposit slip containing the MICR..





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Prevent Losses – Account for All Closing Expenses before the TFR

Trustee Tip: Prevent Losses – Account for All Closing Expenses before the TFR At the end of a case unaccounted closing expenses can really add up. For a trustee to try and recoup some of these out of pocket expenses, forecasting and entering in expenses correctly can help. Unfortunately, these expenses are often forfeited once the..





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