Upon submission, the Creditor is notified of your bid to purchase the Claim with an opportunity to accept, counter, or reject the bid.

• Acceptance by the Creditor triggers a Trade Confirmation and also triggers rejections of any other bids on the Claim by other Members.
• Countering triggers a notification asking for a higher price.
• Rejecting triggers a notification informing the Buyer that the Creditor was not interested.