Bankruptcy fraud costs creditors billions annually. The assets are usually in the documents — inconsistent values across Schedules A through J, transfers to insiders within the lookback period, or income disclosed on the Statement of Financial Affairs that doesn't match the tax returns. ProvaLens cross-references all filed documents automatically.
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Schedule A/B asset values cross-referenced against supporting documents
Asset values on Schedule A/B are compared against appraisals, insurance records, tax assessments, and account statements — flagging possible discrepancies between what was listed and what the documents show.
ProvaLens automates this
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Schedule I income compared against tax returns and bank deposits
Current monthly income on Schedule I is compared against the most recent tax returns and bank deposit history — identifying income that was not disclosed or was intentionally understated.
Frequent fraud indicator
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Schedule J expenses verified against bank statements
Monthly expenses listed on Schedule J are cross-referenced against actual bank statement outflows — identifying expenses that are overstated, fabricated, or inconsistent with the account history.
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All schedules cross-referenced for internal consistency
Values and entries across all schedules are compared against each other — a vehicle listed on Schedule A/B that doesn't appear in the insurance documents, or a bank account on Schedule A/B that doesn't match the SOFA, is flagged.
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Statement of Financial Affairs transfers within 2-year lookback identified
Transfers listed on the SOFA and transfers visible in bank records are indexed against the 2-year lookback period — every significant transfer is captured and categorized for preference or fraudulent transfer analysis.
ProvaLens automates this
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Payments to insiders within 1-year lookback flagged
Payments to relatives, business partners, or controlled entities within the 1-year insider preference lookback period are identified from the bank statements and cross-referenced against the SOFA disclosure.
Preference action trigger
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Asset transfers below market value identified
Property or asset transfers where the consideration received was significantly below the documented value — identified through comparison of transfer amounts against appraisals, assessments, and insurance records — are flagged for fraudulent transfer analysis.
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Fraudulent conveyance indicators documented
Transfers made while the debtor was insolvent, transfers to related parties, and transfers that removed assets from creditors' reach are compiled into a fraudulent conveyance analysis report.
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All filed proofs of claim cross-referenced against schedules
Filed proofs of claim are compared against the debtor's scheduled liabilities — identifying creditors who filed claims but weren't listed on the schedules, or scheduled debts for which no claim was filed.
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Claim amounts compared against debtor's listed liabilities
The amount on each proof of claim is compared against the corresponding amount on the debtor's schedules — significant discrepancies between the debtor's listed amount and the creditor's claimed amount are flagged.
ProvaLens automates this
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Secured claims verified against collateral documentation
Secured claims are cross-referenced against the collateral documentation — UCC filings, mortgage records, security agreements — to verify the perfection and priority of the claimed security interest.
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Priority claim classifications verified
Claims asserting priority status — domestic support obligations, tax claims, wage claims — are reviewed against the supporting documentation to verify the priority classification is properly supported.
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Business entity ownership cross-referenced against disclosure
Business ownership interests on the SOFA and Schedule A/B are compared against operating agreements, K-1s, and any business records produced — identifying entities the debtor controls but did not disclose.
ProvaLens automates this
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Business revenue compared against personal financial statements
Revenue reported in business records or tax returns is compared against amounts disclosed on personal financial statements and the SOFA — identifying business income that was not incorporated into the bankruptcy disclosure.
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Tax return income compared against bank deposits
Total income reported on tax returns is compared against total bank deposits for the same period — income that was deposited but not reported on tax returns (or vice versa) is flagged for investigation.
Unreported income indicator
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Undisclosed business interests identified
References to business activities, consulting relationships, or ownership interests in the bank records, correspondence, and tax documents are compared against Schedule A/B to identify interests that were not disclosed.
From the field: ProvaLens cross-referenced a debtor's Schedule B personal property values against insurance records produced in discovery — and found $340,000 in jewelry, artwork, and collectibles disclosed to the insurer but not listed on the bankruptcy schedules.
Ready to cross-reference the schedules against the supporting documents automatically?
ProvaLens processes bankruptcy filings, bank records, and tax returns — surfacing every transfer flag and disclosure gap in under an hour.
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