51³Ô¹Ï¹ÙÍø

Knowledge Base

How does a typical claim sale work?

Category: About 51³Ô¹Ï¹ÙÍø

A bankruptcy claim sale involves a structured process that allows creditors or claim holders to sell their claims to interested buyers.

â€

Typical steps include

1. Obtaining necessary documentation about your claim.

2. Listing the claim on a marketplace like 51³Ô¹Ï¹ÙÍø.

3. Evaluate offers and make a deal.

4. When you transact through the 51³Ô¹Ï¹ÙÍø Marketplace, 51³Ô¹Ï¹ÙÍø takes the hassle out of trading and handles all required filings so you can quickly move on with your business. As soon as a trade closes, 51³Ô¹Ï¹ÙÍø submits all necessary documentation to the court and sellers are generally paid within two days.