Earlier this morning, UpShot Services, LLC, the industry’s newest claims and noticing agent, formally announced its entrance into the claims & noticing market. “This announcement is the culmination of a lot of blood, sweat and tears. We’re confident in our unique suite of offerings,” said Robert Klamser, UpShot’s President & Co-Founder. “Debtors and industry professionals will come to view UpShot as a technology-focused provider rooted in old-fashioned values.”
Claims & noticing agents, retained as an administrative offshoot of the Bankruptcy Court, play a critical role in the Chapter 11 bankruptcy process. Clients rely not on claims & noticing agents to ease the administrative burden in restructuring proceedings, but also for advanced consulting services such as claims reconciliation and the preparation of Court-mandated financial reports. UpShot’s founders are familiar with this expected & necessary role, but believe there’s room for additional offerings. “Obviously, claims processing is a prerequisite in this industry. However, UpShot goes above and beyond that,” said Travis Vandell, UpShot’s CEO & Co-Founder. “The industry is primed for a paradigm shift towards electronic offerings and web-based solutions. UpShot is ready to lead that charge with forwarding-thinking offerings like SmartSign, the industry’s first electronic claims filing technology that is fully compliant with federal electronic signature regulations. UpShot’s SmartMail offers services such as address verification, clean-up and detailed tracking.”
“We really strive for efficiency here at UpShot,” says Klamser. “We all live in a fast-paced environment; virtually everyone relies heavily on their smartphone. For that reason, our case websites were designed to be easily navigable from any device.. UpShot was built with simplicity and ease-of-use in mind.”
Although technology-focused for improved performance, outstanding client service remains a hallmark and goal for UpShot. “The Chapter 11 community is very close-knit. Everyone knows everyone; they’ve become our friends over the years,” says Vandell. “Their satisfaction is integral not just to our business, but also to our core values.”
About UpShot Services
Headquartered in the majestic Mile High City, UpShot Services, LLC (upshotservices.com) is the only claims & noticing agent founded by actual claims & noticing agents. UpShot is intimately familiar with the industry and steadfastly believes there is an immediate need in the market for lean, efficient solutions. UpShot’s technology was built from the ground-up with ease-of-use as the #1 priority. No more overly-complex answers to simple questions; clean and simple is the goal. In turn, UpShot is able to reduce costs to the estate and provide a user-friendly platform for all stakeholders involved.