April 5, 2022
AIS Announces Hiring of Former Director of United States Trustee Program
HOUSTON, Texas (April 5, 2022) – AIS, a Texas-based FinTech and leading provider of technology-driven default servicing solutions, today announced the hiring of Cliff White as Managing Director, Bankruptcy Compliance.
"Cliff White has been the Justice Department official in charge of bankruptcy enforcement under Attorneys General of both political parties and during times of great change in the bankruptcy law,” said Blake Hogan, President of AIS. "He will bring his unique knowledge and organizational skills to assist our clients in effectively administering their portfolios of default loans and implementing systems that meet the highest standards of excellence and legal compliance.”
- Implemented key provisions of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 that substantially revamped consumer and business bankruptcy practices and the Small Business Reorganization Act of 2019 which streamlined the bankruptcy process for smaller companies.
- Retooled USTP operations in headquarters and its 90 field offices to carry out new laws and to address emerging compliance and enforcement challenges.
- Launched civil enforcement initiatives to ensure compliance by debtors and creditors who violated bankruptcy law; cracked down on attorney misconduct, including conflicts of interest; promulgated new attorney fees guidelines to promote market-based billing practices; and designed effective strategies to ensure greater accountability by management of companies in chapter 11.
"Over decades of service in the Department of Justice, I have had a bird's eye view of the bankruptcy system where I ensured that both debtors and creditors complied with the bankruptcy laws,” said White. "After a fulfilling federal career, I am excited to join the AIS team in bringing their data, technology, and business systems expertise to financial institutions and lenders to enhance both efficiency and regulatory compliance.”
