CloseoutPay
Pay every lienholder and client, electronically.
The client reviews and signs over a magic link. Then Closeout pays every lienholder and the client by ACH or check, each payment reconciled and recorded. No trips to the bank.
CloseoutPay
Johnson v. AllstateTransfer from
IOLTA Trust Account
Bank of America · ****4127
Attach to a lien
Memorial Hospital
Hospital lien · ACH ready
BCBS Texas
ERISA · ACH ready
Medicare (BCRC)
Government · paper check
Send payment to
From
IOLTA Trust · ****4127
To · Attached lien
VerifiedMemorial Hospital
Hospital lien · matches lien of record
Amount
$11,300.00
$11,300.00
Sent
to Memorial Hospital
ACH · Apr 30 · Confirmation #ACH-2401
The problem
The money side is where the case stalls.
The case settled weeks ago and the statement is ready. But the client hasn't come in to sign, the lienholder check waits on a trip to the bank, the bookkeeper reconciles by hand, and a hand-keyed payment is one transposed digit from a problem. The work is done. The money is just stuck.
What it does
The whole money side, electronic.
Review and sign
The client signs from their phone.
The client gets a secure magic link by email, no app and no account. Identity verified by date of birth and last four. They review the disbursement statement and sign in three taps.
Payment
Pay everyone from inside Closeout.
ACH or check to every verified lienholder and the client. No trip to the bank, no follow-up call to confirm receipt. Funds settle in two business days.
Books
Reconciled the moment it is paid.
Each disbursement is reconciled automatically against the lien it paid down. No manual ledger, no unbalanced disbursement slipping past. Your bookkeeper opens Closeout to a clean ledger.
Audit
A record that holds up later.
Every signature, transfer, and confirmation logged with timestamps and HMAC-signed certificates. A defensible record if a payment is ever questioned, complete the moment the case closes.
How it works
Settled to disbursed in four steps.
Send review link
Magic link, ID verified
Client signs
Phone or desktop, no account
Disburse
ACH or check to everyone
Reconcile
Auto-matched in the ledger
Outcome
From signature to settlement, in days, not weeks.