Liquidate your claim the easy way.
Bankruptcy is complex and the average company in chapter 11 takes 2+ years to start paying back creditors. The Xclaim Marketplace is the easiest way to liquidate your claim and eliminate the delay and uncertainty of the bankruptcy process.
How the Xclaim Marketplace works for businesses.
See how other businesses have resolved their claims on the Xclaim Marketplace.
A couple of catalysts got us to think about selling our claim. One was just year end, we clean up our A/R and A/P anyway. So maybe we clean this up and don’t have this extra receivable just sit around.
I am very satisfied with the whole process. We don’t deal with bankruptcies very often and this was a very simple and stress-free process.
Could I possibly have held out for more? Maybe. But why waste my time dealing with 7 firms separately when I could just post it on the marketplace and let the competition decide?
The process was fairly easy and that's why we went ahead and completed the deal with Xclaim.
Xclaim for enterprise creditors.
Resolve all claims from a single dashboard on the Xclaim platform. Collaborate with colleagues and outside counsel when you register multiple users to track transactions, distributions and disputes.
- Empower your team with step-by-step guides and tailored resources upon request
- Get smarter with every case and every claim
- Manage past-due receivables and litigation claims across all active cases
- Mark to market and track recovery prospects
- Manage claim documents across every case from one account
- Collaborate and delegate workflows
- Authorize multiple users and set notifications, so all claim activity is transparent and coordinated
- Preserve accountability and approval history
- Authorize outside counsel to monitor and manage your claim portfolio
When buyers compete, you benefit.
Recover faster
The average bankruptcy takes over 2 years to resolve. Bypass the wait by indicating your interest in selling your claim to our verified network of capital providers.
Transact digitally
Say goodbye to paper contracts and scanned signatures. Negotiations, contracts and payments all on our easy-to-use online platform. Manage the entire process from your centralized dashboard.
Recover more
Don’t settle for the first offer that comes your way. Xclaim buyers understand the nature and value of your claim and are willing to pay a fair price based on the case and anticipated recovery time.
Trade with confidence
When you sell through Xclaim, we have your back. We verify every buyer in our network and help resolve any trading issues or disputes so you can focus on getting paid and getting back to your business.
Eliminate uncertainty
Cases can easily get derailed by creditor disputes and other events out of your control. Avoid the unexpected when you sell your claim for cash.
Learn about your options today.
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FAQs
Xclaim operates a marketplace of unpaid receivables, litigation claims and other bad debts against companies in bankruptcy to enable claim holders like yourself to circumvent the bankruptcy process and move on faster. On the Xclaim Marketplace, claim holders can connect with verified buyers and selectively sell their claim to the highest bidder. We cannot guarantee that by registering for an account with Xclaim or indicating interest in selling your claim you will receive an offer or that a capital provider will agree to purchase your claim. But, as a registered claim holder, you'll access to the largest network of verified buyers and retain complete control over whether and when to trade your claim—and over the terms of any transaction.
It depends. Registered buyers will conduct independent diligence on the value of the debtor's estate available for distribution and other factors that impact the recovery prospects for your claim. If you receive an offer to purchase your claim from a buyer, you have the right to counter, reject or accept that offer. By registering and creating an account with Xclaim, you can boost the visibility of your claim to attract more buyer competition, which typically results in a higher, quicker payout for claim holders.
It depends. While some claim holders receive an offer to sell and close within days, every situation is unique. The timing of interest in your claim depends on macro and micro economic factors as well as the status and timeline of the bankruptcy case in which your claim is filed. By registering with Xclaim, claim holders get access to more options and the best chance at expediting their recovery.