Free tool for collection attorneys
Build a Simple Settlement Plan in Minutes.
Try TORO Recovery’s free Settlement Tracker and see how a clear payment schedule can simplify collection settlements. Build a three-installment demonstration plan without creating an account.
Creating a TORO Lawyer account is free. Explore the full Lawyer workspace when you are ready.
Interactive public demonstration
Build a one-, two-, or three-installment schedule.
Nothing entered here creates a matter, Settlement, payment ledger, or Lawyer profile.
Demonstration Settlement Plan
Add optional display names for context.
| Installment | Due date | Scheduled | Balance after | Status | Demo action |
|---|---|---|---|---|---|
| #1 | Oct 27, 2026 | $333.33 | $666.67 | Scheduled | |
| #2 | Nov 27, 2026 | $333.33 | $333.34 | Scheduled | |
| #3 | Dec 27, 2026 | $333.34 | $0.00 | Scheduled |
- Total Scheduled
- $1,000.00
- Schedule Remaining
- $0.00
Create a free Lawyer account, then build the plan again in the authenticated workspace. Names, amounts, and dates from this public demonstration are not transferred.
Intentional public-demo limits
A useful preview, not a separate settlement-management platform
The public tool calculates a genuine schedule while keeping advanced matter administration inside the authenticated TORO Lawyer workspace.
Down Payment — Available Inside TORO
Apply an upfront payment and recalculate the remaining installment balance.
Grace Period — Available Inside TORO
Define grace days before an installment is treated as late.
Cure Period — Available Inside TORO
Track a contractual opportunity to cure before reviewed further action.
Preview the full workspace
Inside the Full TORO Settlement Tracker
Create a free Lawyer account to enter TORO and explore the full Lawyer workspace.
Extended installment schedules
Build schedules beyond the public three-installment limit, subject to the workspace’s supported terms.
Custom first payment date
Choose the exact date the reviewed settlement schedule begins.
Down payment
Apply an upfront payment and recalculate the remaining installment balance.
Grace period
Define grace days before an installment is treated as late.
Cure period
Track a contractual opportunity to cure a default before further reviewed action.
Payment recording
Record externally received payments against the intended installment.
Voids and returned payments
Preserve voids, NSF, closed-account, and other return reasons in the ledger.
Settlement status tracking
Follow proposed, active, current, past-due, completed, and reviewed exception states.
Upcoming and missed installments
Surface what is due soon and what needs the firm’s attention.
Breach and reinstatement review
Document attorney-controlled default review, amendment, and reinstatement decisions.
Payment ledger and current balance
See scheduled, pending, cleared, returned, and remaining amounts together.
Settlement documents
Prepare a settlement agreement, current statement, and payment history for attorney review.
Linked Engaged Claim
Keep the Settlement connected to the authorized Claim, evidence, and next required action.
Matter-specific messages
Discuss settlement activity in the authorized matter context.
Activity and audit history
Preserve operational activity and an append-only record of consequential changes.
Appropriate Business visibility
Keep the referring Business informed without exposing firm-only work.
Inside the full TORO Settlement Tracker
Move from a sample schedule to an organized Settlement record.
The full Lawyer workspace keeps terms, installments, payment activity, statements, and authorized Claim context together while leaving consequential actions under user control.
Lawyer accounts are free to create. Enter TORO and explore the workspace using fictional or authorized matter information.
Northstar Equipment Invoice Settlement
Engaged Claim TR-CLM-24018 · Fictional sample
Built for focused settlement operations
Why collection attorneys use it.
Know what is due next
Keep terms and scheduled installments together instead of rebuilding a spreadsheet each time.
Understand payment exceptions
The full workspace distinguishes cleared, pending, returned, and voided payment activity.
Prepare clearer statements
Generate current statements and payment histories from the same reviewed Settlement record.
Keep the Business informed
Authorized Business clients can see appropriate progress without gaining access to the firm’s internal work.
A clear product boundary
Settlement tracking that complements the firm’s existing systems.
TORO’s Settlement Tracker complements the firm’s case-management platform. It focuses on settlement terms, installment tracking, statements, and appropriate Business-client visibility; it is not trust accounting, payment processing, legal advice, or a full practice-management system.
Continue inside TORO
Take Settlement Tracking Beyond a Spreadsheet.
It is free to create a TORO Lawyer account and explore the Lawyer workspace.
This public tool is provided for general informational and demonstration purposes. It does not create an attorney-client relationship, provide legal advice, process payments, or determine whether settlement terms comply with applicable law. Attorneys remain responsible for reviewing all terms and documents before use.
