How it Works

Cash out your claim with confidence on Xclaim.

Access the largest network of buyers, real-time market intelligence and pricing, and efficient value recovery.

Xclaim 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
$1B
claims traded all time
53%
share of online trades

Our mission is to:

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 1,000 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

Private Sales
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

Steps to Sell your Claim

Register

  1. Create and verify your seller account
  2. Submit claim details and upload supporting documents

List

  1. Specify pricing, preferred deal terms and desired closing timeline
  2. Publish your claim on the marketplace (no obligation to trade)
    or engage Xclaim's brokerage team to run a custom sale process
  3. Rely on our trading desk for dedicated support

Trade

  1. Compare offers from vetted buyers for a true market test
  2. Accept a deal only if we achieve your goals
  3. Transact on our widely-accepted form documents (Xclaim handles the paperwork!)

Get Paid

  1. Receive your funds securely within 2 days of signing
  2. Payments available in USD, stablecoin or crypto

Finding value for our clients in the largest and most complex cases

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.

Current Max Price 100.00
0.00
(7-day trend)
Volume Traded
$2M
total claims

Current Max Price 18.00
12.50
(7-day trend)
Volume Traded
$0.8M
total claims

Current Max Price 2.10
0.00
(7-day trend)
Volume Traded
$1.5B
100
total claims

Current Max Price 25.00
0.00
(7-day trend)
Volume Traded
$200M
34
total claims

Current Max Price 15.50
0.00
(7-day trend)
Volume Traded
$482M
146
total claims

Current Max Price 153.00
2.00
(7-day trend)
Volume Traded
$10.2B
9,836
total claims