The smartest way to buy and sell bankruptcy claims.
Access the largest network of buyers and sellers, with real-time market intelligence and pricing, and efficient value recovery.
Get StartedXclaim is the leading clearinghouse for bankruptcy claims. We serve claim holders in the most actively traded cases — including lenders, note holders, trade creditors, and litigation claimants. We provide sophisticated tools and services to ensure a seamless experience for claim management, price discovery and immediate liquidity.
$391M
claims traded in 2023
$800M
claims traded in all time
53%
share of all online trades
Our mission is to:
- Inform your decision-making with trusted market data
- Deliver better pricing and terms through buyer competition and exclusive supply
- Optimize for your unique business objectives through creative deal structuring
- Empower all market participants to transact with confidence
Selling a Claim
Cash today is worth more than cash tomorrow. Xclaim enables claim holders to focus on what matters most by accelerating recoveries and streamlining transactions. Partner with us to launch a sale process that balances your top priorities, whether that means achieving the best price, most favorable terms or fastest closing.
Marketplace
Receive open-market bids from more than 2,000 registered buyers and transact with transparent pricing on market-standard terms
Receive open-market bids from more than 2,000 registered buyers and transact with transparent pricing on market-standard terms
Auctions
Achieve greater exposure with a publicized auction designed to maximize buyer competition and enhance sale values
Achieve greater exposure with a publicized auction designed to maximize buyer competition and enhance sale values
Private Sales
Engage our expert brokerage team to discreetly solicit bids from our most active institutional buyers
Engage our expert brokerage team to discreetly solicit bids from our most active institutional buyers
Financing
Identify the ideal partner to finance your claim litigation so you can maintain control and upside while reducing risk
Identify the ideal partner to finance your claim litigation so you can maintain control and upside while reducing risk
Finding value for our clients in the largest and most complex cases
Buying a Claim
Sourcing claims is simple when they're just a click away. Xclaim aggregates more claims and sources more exclusive opportunities for claim buyers than any other market solution. Find, bid and buy faster than ever before, all on a single platform.
Market
Intelligence Gain an edge with proprietary market data for pricing, inventory and trading volumes
Intelligence Gain an edge with proprietary market data for pricing, inventory and trading volumes
Smart Sourcing
Specify your target criteria and automate engagement to matching claims
Specify your target criteria and automate engagement to matching claims
Brokered Sales
Gain access to the pre-qualified claims of committed sellers through a formal sale process
Gain access to the pre-qualified claims of committed sellers through a formal sale process
Dedicated Solutions
Engage us to uncover opportunities and execute your strategy
Engage us to uncover opportunities and execute your strategy
Portfolio Servicing
Extract instant liquidity in the secondary market and value holdings with defensible mark-to-market pricing
Extract instant liquidity in the secondary market and value holdings with defensible mark-to-market pricing
Connecting our clients to value every day.
"Xclaim can help you understand your options, and have a course-of-action for your claim."
Institutional Seller, United States
"They just did what they said they were going to do. Any slight concerns? They responded super quick and seemed to be able to deliver on their promise, which is all we want."
Institutional Seller, China
"Xclaim offered me options for liquidity. The process was smooth and simple."
Institutional Seller, Italy
Representative Trades
$105M
Sale of participation interests in claim held by trustee for fraudulently stolen assets in a Japanese insolvency proceeding
$90M
Sale of disputed contract rejection claim held by California-based e-sports company. Xclaim designed and executed a marketing campaign and auction that resulted in a sale price that exceeded the present value of the pre-petition contract.
$51M
Sale of secured loan claim to a strategic buyer identified by Xclaim that resulted in successful acquisition of the debtor by credit bid.
$56M
Sale of crypto loan claims held by Korean exchange. Xclaim facilitated a competitive auction and carefully orchestrated claim sale to minimize closing risk amidst sensitive CEO turnover and satisfy seller's requirement to receive $23M purchase price in Bitcoin.
$18M
Sale of portfolio of customer claims held by high net worth individuals. Xclaim ran a rapid auction process, obtaining a premium for smaller sellers by pooling their claims.
$14M
Sale of contingent unsecured claim held by public figure. Xclaim negotiated a private transaction that provided immediate cash plus litigation support and substantial upside to the seller.
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