What Is a Bankruptcy Claim?

If you've incurred financial losses due to a company's bankruptcy or have been defrauded by a now-insolvent firm, it's likely you possess a bankruptcy claim.

Companies typically declare bankruptcy when their liabilities (debts) exceed their assets (resources available to settle those debts).

Bankruptcy serves as a legal mechanism to preserve remaining assets and prevent the total depletion of a company's capital.

Therefore, even if the company you've invested in or supplied products to is bankrupt, it doesn't necessarily mean your money is lost.

Instead, you hold a claim against the company, entitling you to a portion of the proceeds from the liquidation of its assets.

How Can You Recover Your Money?

This is where it becomes challenging.

Bankruptcy proceedings are often complex, protracted, and laden with intricate legal terminology.

The process is inherently not user-friendly and typically demands substantial legal expertise.

Regrettably, filing a bankruptcy claim and receiving compensation isn't as straightforward as requesting a refund on Amazon.

These proceedings can span years, sometimes even decades—as exemplified by the Mt. Gox case, the Japanese cryptocurrency exchange that went bankrupt in 2014—and involve extensive paperwork.

Initially, it's essential to identify any remaining assets, assess their value, locate potential buyers, negotiate distribution terms, and so forth.

How Can We Assist You?

Financial markets aim to redistribute risk among various economic participants.

We offer to purchase your claim promptly, providing payment within 24 hours, thereby sparing you the prolonged wait and the risk of missing out on compensation due to the legal complexities inherent in the process.

By selling your claim to us, you transfer the right to pursue the bankruptcy claim on your behalf.

Our team of seasoned legal experts specializes in this area.

This arrangement creates a win-win scenario, benefiting all parties involved.