BANKRUPTCY CLAIMS TRADING
bkXchange makes it easier to sell your trade claims by providing centralized access to a network of buyers and end-to-end transaction support. We also conduct periodic auctions in the highest-profile cases to provide the most competitive pricing.
WHAT WE BRING TO THE TABLE.
Transaction Support
Network of Buyers
Periodic Auctions
Claims trading is complex while the legal paperwork can be intimidating. We help make sense of it all.
Ensuring that the largest pool of institutional buyers are involved in every transaction.
Getting buyers to bid on your claims helps you recover more money.
HOW DOES IT WORK?
Selling your claim on bkXchange is easy. Simply fill out a Sale Order for your claim and you will receive a Transfer Agreement to be completed and signed. Upon submission of the signed Transfer Agreement, your sale order will be placed in the market and you will be notified when the price has been matched by a buyer. Your claim will be paid within 3 business days after matching.
LATEST BLOG POSTS
The convenience claims class consists of unsecured claims below a certain threshold dollar amount, which, as a result of their “convenience claim” status, may often (though not always) be paid quickly, in cash, in full – even though their larger-sized counterparts in other unsecured classes may receive an entirely different plan treatment. Debtors use their convenience classes to ease the administrative burden that would be imposed on them were they forced to process many smaller claims in the same manner as larger ones...