Whether you're a Bankruptcy Expert or a first-time Creditor.
Review all your bankruptcy claims in one place. Gain visibility of their status and stay informed in your bankruptcy case.
Choose the claims you want to liquidate. Request settlement offers by connecting with 25+ verified Bankruptcy Claim Buyers across the Marketplace.
Compare competing offers and be notified of changes in real-time. Achieve your settlement objectives by negotiating with Buyers and accepting on your timeline.
After accepting an offer, the closing process is quick and seamless with standardized agreements and digital signatures. Simply sign in seconds.
The relevant legal authorities are automatically notified of the claim transfer while your payment from the Buyer is securely processed, without hassle and without fees.
Find answers to the most common questions we receive from Creditors.
Because XCLAIM is not a Buyer or Broker of Bankruptcy Claims, we do not make offers to purchase Claims. As the only digital Marketplace for selling Bankruptcy Claims, you have the opportunity to connect with Verified Buyers and have them compete to bid on your Claims. Our platform helps empower you to maximize your claim recovery potential.
We firmly believe that every Creditor should be entitled to recover every dollar they are owed. That is why we do not charge any fees for signing up, listing, selling, or transferring claims. There is no cost for Creditors to use the XCLAIM Marketplace.
Bankruptcy Claim Buyers such as financial institutions, investment firms, and hedge funds pay us a fee when they complete the transaction of purchasing a claim on the XCLAIM Marketplace. This is why we can offer our services at no cost to Creditors.
Buyers such as financial institutions, investment firms, and hedge funds are verified before they can join our Marketplace and access our platform. Using the latest technologies, we ensure a safe environment that protects your data and securely processes payments.
It depends. While some Creditors are able to sell within a couple of days, each Claim is unique. The timing of Buyer interest in your Claim also depends on the status and timeline of the Case in which your Claim is filed. By joining XCLAIM, Creditors can expedite recovery and avoid the risk of illiquidity.
It depends on if your Claim receives any settlement offers from interested Buyers in the Marketplace following their valuation due diligence. As the Claim owner, you have the right to accept, counter, or reject any offers presented to you. By registering to create an account, you can increase the visibility of your Claim to attract more competition from Buyers.
XCLAIM handles this for you. We automatically file the necessary documentation with the Court and inform the Claims Agent.
