The Only Independent Online Trading Platform is Helping Crypto Customers Unlock the Value in Their Accounts that has been Locked by Bankruptcy
Although everyone with a right to payment on the day of the petition gets a bankruptcy claim, there are many different types of claims. This short summary provides some pointers to consider to see if you might have special treatment.
When a customer goes bankrupt money that they owe you, including contracts you have with them, become bankruptcy claims. What is a bankruptcy claim? How can you receive money for your claim? In this article we discuss what a claim is and how to make sure you have the right claim amount.
While selling claims has certainly become easier, many creditors may be unfamiliar with the specifics. Creditors may have questions about the sale process or key provisions of the sale agreement, particularly as they relate to crypto claims. This article hopes to answer some of these questions.
There is a lot going on and trying to keep up with it all is challenging. Here is your weekly run-down of what you need to know from the past week across the crypto bankruptcy industry.
In Chapter 11 bankruptcy, there are different types of creditors based on their legal status and priority of repayment.
If you're unlucky enough to be owed money by a bankrupt crypto platform, you're probably wondering how much you'll actually get back. Unfortunately, the amount you'll receive is usually less than what you're owed (also called the "face value"). This article explains the reasons why and how different factors impact your potential payback.