How to get started with Credit Report Integration:
Complete the application located in your Account Settings > Credit Report Integration. New accounts will also see this step right after Set Up Your Firm during sign-up. Approval can take up to 2 weeks, so starting early helps.
Skip or save your progress
Need to come back to finish the application later? Click "Skip for now & Start filing" to go into your account and come back to the application later.
If you've already entered information, use to Save & Finish Later to revisit your progress later in Account Settings > Credit Report Integration.
After this application is completed, a third-party inspector will be in touch with you to schedule a time for an on-site inspection.
After the inspection is completed and approved, NextChapter will authorize your account to pull credit reports.
For answers about what the application asks for, see Credit Report Integration: Common Questions.
More information about the required on-site inspection:
An on-site physical inspection by consumer reporting agencies (“CRAs”) was mandated by the credit bureaus in 2003. This requirement was expanded in 2005 to include all clients, with few exceptions. It formalizes the Fair Credit Reporting Act (“FCRA”) requirement that CRAs make a reasonable effort to verify the identity of the end-user prior to providing the credit report. Although the site visit may seem like an added layer to the onboarding process, it is a practical and necessary layer of security for consumer data.
How to pull a credit report in NextChapter:
Credit reports can be pulled directly in each case by entering the debtor's full SSN. You can select if you would like the creditors imported directly into Schedules D & E/F, if you would like $0.00 balances omitted, and if you would like unknown balance omitted.
Once the report is generated, the creditors are imported into the Secured Claims and Unsecured Nonpriority Claims sections of the app. You can also download a copy of the credit report to be provided to your client.
Mortgage liens automatically imported to Secured Claims
Vehicle liens automatically imported to Secured Claims
"Belongs To" field is imported and assigned in all claims
For more information...