Identify the claim
Send the debtor name, your legal name, the amount still unpaid, and a claim number if you have one.
First American Settlements / Creditor services
Liquidity for bankruptcy claims.
We purchase Chapter 7 general unsecured claims, judgments, and distressed receivables—providing creditors with a direct alternative to an uncertain recovery timeline.
01 / What we buy
Claims that still have value.
Some receivables sit untouched for years because the path to recovery looks too slow or too complex. We focus on understanding what remains—and whether we can buy it.
Chapter 7 general unsecured claims
Claims against a liquidating company that are not backed by collateral or entitled to priority. We review the docket, claims register, and estate activity to determine whether a purchase may make sense.
- Filed proofs of claim
- Scheduled obligations
- Older cases with continuing estate activity
7United States Bankruptcy Code
Claim review focus
Claim review focus
02 / How it works
A direct path from paperwork to payment.
You provide the debtor and amount owed. We do the docket work, make a written offer, and handle the transfer after closing.
We verify the record
We review the docket, claims register, estate posture, and available supporting documents.
Review your offer
You receive a written, no-obligation cash offer. The agreement states exactly what would transfer.
Close and get paid
After acceptance, payment is typically made in about 48 hours. We then file the claim transfer.
03 / Creditor guidance
Know the transaction before you decide.
Selling a claim means exchanging an uncertain future recovery for an agreed cash payment now. The case record and purchase agreement control.
You transfer the rights in a claim you hold against a bankrupt company in exchange for a negotiated cash price. The purchase agreement identifies the rights sold and the obligations that remain.
Chapter 7 asset cases can take years, and a general unsecured claim may recover little or nothing. A sale converts that uncertain future recovery into an agreed payment now. There is no obligation to accept an offer.
Ordinary post-petition transfers of filed claims are generally reflected through a filing under Bankruptcy Rule 3001(e), rather than an advance court order. Your case and agreement may present specific issues.
The debtor and case name, your legal name as creditor, a claim number if available, the amount still unpaid, and any proof of claim, invoice, judgment, or correspondence you still have.
Start with the debtor name
Find out whether your claim still has value.
A review is free and creates no obligation. Have the debtor name, claim amount, and any supporting documents ready when you contact First American Settlements.