Simplified Bankruptcy Claims Management for Businesses
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 business’ bankruptcy claim and eliminate the delay and uncertainty of the bankruptcy process and get your business the money it needs today.
Uncertainty Into an Opportunity
Although you are entitled to payment for outstanding invoices, bankruptcy cases can take years to process before payment is issued to the creditors. Not to mention the uncertainty and risks associated with waiting for the recovering of your claim.
Xclaim is a largest bankruptcy claims marketplace for businesses, enabling creditors to get the money they need by selling their bankruptcy claims for cash today.
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.
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 sitting 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. With our industry-leading bankruptcy claims platform for businesses, you can 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
Learn about your options today.
Articles
FAQs
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.
Xclaim works with more registered claim buyers than any other broker or marketplace to find you the best price in the market for your claim at any given time. Market pricing will vary based on the attributes and size of your claim.
The level of interest in your claim may vary based on the attributes of your claim and as the status and timeline of the bankruptcy case. Uploading accurate and complete supporting documents can help expedite Xclaim's ability to find you a buyer faster.