Docket Monitoring Service Overview
With the current delays in the court systems in many states, firms are spending a lot of time checking docket status on numerous actions. NetDirector provides a service that allows firms to outsource and automate the labor intensive and time sensitive docket-checking task throughout the foreclosure process. Why not outsource this process to NetDirector for a fraction of the cost?
NetTracker
The NetTracker suite offers the following options:
- Docket Sweep – is mainly used for transfer files or on-boarding of new loans and checks for all previous actions filed. Provides full sweep of all 60+actions and includes Docket download
- Docket Sweep Lite - Same as Docket Sweep but with fewer actions tracked (12 actions). Includes Docket download.
- Docket Sweep – Docket Only – provides current Docket download only.
- Docket Monitoring – provides change alerts for all actions during the life of the file. Customer chooses monitoring interval.
- Interval Checking – includes interval checks (i.e.: every 30 days) of the docket for up to 60 Action items (i.e.: Compliant Filed, Sale Held, etc.) and alerts when action has been filed.
Florida Docket Tracking Examples*:
| Foreclosure Pipeline Stage | Target Timeframe | Docket Action for Tracking |
|---|---|---|
| File Implementation | Day 1 | |
| Complaint | Day 30 | Complaint Filed Assignment Filled |
| Service of Process | Day 60 | Service Return Filed Notice of Action Affidavit of Improper Service |
| Hearing/Judgment | Day 170-190 | Notice of Hearing Filed Final Summary Judgment Entered Certificate of Compliance Filed |
| Sale | Day 200-230 | Sale Date Certificate of Title Issued Objection of Sale |
| Dismissal | Day 1-240 | Case Dismissal Filed |
*This is by no means a comprehensive list of docket actions. There are currently 60 Action items available for automation. If the docket action item is not currently available – it can easily be added to the list.
NetTracker ROI – Huge Labor Savings!
Estimated time savings = 2 minutes per interval checked, 12 minutes per docket monitor, and 15 minutes per docket sweep.
Estimated $ savings:
- Docket Sweep = $3.00 per file savings
- Docket Monitor = $3.00 per file savings
- Interval Check = $.10 per action tracked savings
NetTracker Benefits
- Reduce Labor Costs
- Improve Accuracy
- Improve Timelines
- Reduce Training Needs
- Increase Resource Capacity
Pricing
NetTracker is a premium service that is billed separately at:
- $.35 per action item for interval check
- $1.00 per case/instance for monitoring
- $.85 per Docket download only
- $1.25 per Docket Sweep Lite
- $2.00 per Docket Sweep
For more details on pricing and delivery options, please contact a NetDirector representative at (813) 774-4797 or info@netdirector.biz
