The smartest way to buy and sell bankruptcy claims

$1 Billion Traded on Xclaim
2.10
current max price as % of claim amount
+5.00
7 day price trend
$1.5B
volume traded
140.00
current max price as % of claim amount
0.00%
7 day price trend
$10.2B
volume traded
12.00
current max price as % of claim amount
-7.70%
7 day price trend
$482M
volume traded
19.50
current max price as % of claim amount
0.00%
7 day price trend
$200M
volume traded
85.00
current max price as % of claim amount
0.00%
7 day price trend
$211.5M
volume traded
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Fast, secure transactions at the highest price, guaranteed.
“Because of Xclaim, it feels like we have more control of our future by having the opportunity to reinvest our recovery how we would like to instead of waiting for years for the case to play out in the courts.”
Michelle
FTX Claimholder
“I have me taking control of my assets. That's how I feel now. Xclaim is convenient, reliable and fast. “
Emiliano
FTX Claimholder
“I have me taking control of my assets. That's how I feel now. Xclaim is convenient, reliable and fast. “ "I can't say enough about how helpful Xclaim was if I were going through that on my own, I don't know what I would have done.”
Neil
BlockFi Claimholder
"My biggest surprise was that Xclaim was free, and they were available over the weekends and had really good communication."
Cale
Celsius Claimholder
"Xclaim offered me options for liquidity. The process was smooth and simple."
Filippo
FTX Claimholder
“The reason I would recommend Xclaim is because I thought it was a trustworthy process. I felt that it was very clear to both sides, buyers and sellers.”
Justin
Celsius Claimholder
We solicited offers from several offline brokers but Xclaim identified dozens of potential buyers willing to beat their prices. We were paid fast and if I were in this unfortunate situation again, Id definitely use Xclaim again.
Crypto Investment Fund
FTX
What I particularly appreciated was how Xclaim monitored the market and continually provided updated information on a timely basis without pressure to execute. This allowed the client to make a decision based on their timetable and information and then move quickly at the appropriate point.
Counsel to Creditor
Yellow Corp.
I lost a significant portion of my life savings on Celsius. It was a painful experience but Xclaim made me feel valued as a customer which made the entire process easier.
Individual Creditor
Celsius
How we help
Xclaim operates an exchange for bankruptcy claims and other distressed debt.

We publish real-time market data for the most active cases.


Our matching engine guarantees fair and accurate pricing, trusted by thousands of market participants.

Our brokerage desk works closely with claim holders to negotiate, structure and execute highly complex and bespoke transactions.

Xclaim helps claim holders recover more, faster.
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See how it works
Access the market on your terms
Sell my claim
Buy claims
Claim Management
  • Create your private claim listing
  • Upload claim documents
  • Track pricing
  • Share with colleagues
  • Solicit offers on your own
Marketplace
  • Receive bids on the open market from 1000+ registered buyers
  • Find fair market pricing
  • Transact on standard documents
Auctions
Engage Xclaim to run a robust auction process, concentrating bids to maximize competition
Private Sales
Launch a streamlined private sale process to rapidly identify a buyer among the most active institutions bidding on claims like yours
Marketplace
Bid on claims easily on our open claims marketplace
Brokerage Services
Access prime claim assets through public auctions and private sales
Custom Sourcing
Engage a dedicated partner to source claims at scale
Portfolio Valuations
Get mark-to-market pricing for your claim portfolio

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Ready to buy claims?

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Articles

What Happens After Filing a Proof of Claim?
Should I Sell My Bankruptcy Claim? Four Benefits of Claims Trading
Explained: The Chapter 11 Bankruptcy Process
View more Articles

FAQs

What is the risk of keeping my stub claim?

You’ll remain eligible for future distributions—but the process may take several years, with payouts spaced out and tied to litigation outcomes, asset recovery, and the efficiency and effectiveness of trust administration. Holding exposes you to risks such as administrative cost overruns that eat into recoveries and other adverse events (e.g., hacking and security breaches) that may erode estate value.

Why would I consider selling my stub claim?

Although you may have just received a partial distribution, the additional distributions could take more time. Selling your stub claim allows you to cash out on the present value of those future expected distributions now. Depending on your financial objectives, capturing that value through a sale could help you free up capital today for other investments and needs. Selling also eliminates the risks associated with collecting distributions over a multi-year period.

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What are stub claims?

Stub claims refer to claims that have already received at least one distribution but expect to receive additional distributions in the future.

Will a Buyer definitely purchase my claim?

While we focus on cases with existing buyer interest, we cannot guarantee that you will receive an offer or that a buyer will agree to purchase your claim. Interest in claims is highly dependent on individual claim attributes.

Is Xclaim a buyer or broker of claims?

Xclaim operates the Xclaim Marketplace and related services but does not buy claims for its own account. Xclaim acts as a broker for larger, complex claims on a case by case basis.  Independent affiliates of Xclaim may purchase claims or identify claims for purchase as a service on behalf of registered buyers.

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