There can be many reasons for selling a claim that you own. The main advantage of selling your claim is getting some cash for it now.
If you have been in business with a customer who is in distress, in receivership or in bankruptcy, the outstanding obligation of the debtor will have an unsecured status in bankruptcy. In simple terms, this means that any secured obligation of the distressed business will have priority – and therefore be paid – before the unsecured ones.
Types of Claims We Buy
- Bankruptcy Claims
- Mechanic’s Lien
- Secured Debts & Liens
- Employee Wage Claims
- Lease & Contract Rejection Claims
- General Unsecured Claims
- Default Judgments from Preference Cases
- Highly-Aged Commercial Receivables
- Claims in Class Action Settlements
- Other Types of Residual Assets
Selling Bankruptcy Trade Claims
Bankruptcy proceedings and reorganisations can be time-consuming in there will be great uncertainty on when and how much you as an unsecured creditor will end up with.
By selling claims on distressed companies, you as a creditor will eliminate uncertainty and monetize your claim right away. This relieves you of having to wait for the receiver of the estate to sell any assets and repay creditors.
Trade Claim Buyers
How to Value Stuff is affiliated with specialists in distressed assets and bankruptcy claims. We help you understand the claim and bankruptcy process. How to Value Stuff operates in full transparency to help you understand your options and estimate the likely recovery and timing of payments.
We will offer to price for the claim and prompt payment if you decide to sell. Contact us to get a quote for your claim.
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