The Only Independent Online Trading Platform is Helping Crypto Customers Unlock the Value in Their Accounts that has been Locked by Bankruptcy
When a company owes you money and files for Chapter 11 bankruptcy, it can be confusing and concerning. This article breaks down what Chapter 11 is, why companies use it, and what it means for you as a claim holder. Understanding this process can help you set realistic expectations about recovering the money you are owed.
Chapter 11 bankruptcy allows businesses and certain individuals to reorganize their debts while continuing operations. This overview will help claim holders understand the Chapter 11 process, which is vital for navigating financial challenges and how to navigate the claims selling market.
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.
As a creditor in a Chapter 11 bankruptcy in the United States, you have a few options available to you. Here are some common things that we recommend you take as you navigate the bankruptcy process.
With billions locked up in collapsed exchanges and funds, investors are selling their assets for cents on the dollar.
