A system and method for managing data during consistency points in a storage system is provided. A buffer data control structure is modified to include a flags array that tracks various status flags for both a current and a next consistency point (CP). By utilizing multiple pointers within a buffer control structure, the storage system may permit write operations to continue to a data container undergoing write allocation. Received writes during a write allocation procedure are stored in raw data buffers and the buffer control structure is marked as being dirty for a next CP.