Stretto
22 Case Studies
A Stretto Case Study
The customer, Worley & Obetz, a family-owned energy firm, faced the challenge of managing an extremely complex Chapter 7 bankruptcy case involving $90.1 million in debt and thousands of customer transactions following fraudulent activity. As the appointed Trustee, solo practitioner Christine Shubert needed a comprehensive case-management solution from vendor Stretto to handle the immense workload and ensure compliance with court requirements.
Stretto implemented a customized solution that included a secure procedure for processing a high volume of daily deposits and created a tailored data-entry system within their Trustee Suite software. This streamlined the accounting and reporting processes. The results provided significant time and cost efficiencies, allowing the Trustee to manage the complex case accurately and compliantly without interrupting her other professional obligations.
Christine C. Shubert
Worley & Obetz