Resources
Explore helpful guides, FAQs, and tools to better understand trade claim sales, collections, and preference defense. Whether you’re looking to sell your claim or recover it, we’re here to support your process
Downloadable Guides
Understanding Bankruptcy Trade Claims
Learn what bankruptcy trade claims are, how they arise, and why they present an opportunity for creditors to recover value — or sell for immediate liquidity.
Download Here: Bankruptcy Claims Information Guide
The Bankruptcy Process: What Creditors Need to Know
A quick guide to help creditors navigate the key stages of Chapter 11 bankruptcy, from filing to plan confirmation, and understand how their rights are affected throughout.
Download Here: Bankruptcy Process Steps
Top 5 Mistakes Creditors Make in Bankruptcies
Avoid the most common (and costly) errors creditors make during bankruptcy cases — and learn how to protect your claim, maximize recovery, and stay ahead of deadlines.
Download Here: Top 5 Mistakes Creditors Make in Bankruptcies
FAQ's
Q: What is a bankruptcy trade claim?
A: It’s the right to collect money owed to you by a debtor who filed for bankruptcy. It typically arises when goods or services were provided before the bankruptcy filing.
Q: How does Chapter 11 bankruptcy impact creditors?
A: Creditors may need to file a Proof of Claim to be eligible for distributions, and repayment often depends on how the debtor reorganizes.
Q: Can I still recover money if the debtor files for bankruptcy?
A: Yes, but it depends on the debtor’s assets, the plan of reorganization, and how your claim is classified (secured, unsecured, or priority).
Q: What is a trade claim?
A: A trade claim arises when a creditor is owed money for goods or services delivered prior to the debtor’s bankruptcy filing.
Q: Why are trade claims valuable?
A: Even though recovery is uncertain, trade claims can be sold to buyers for immediate cash, offering creditors faster access to funds.
Q: Can I still recover anything if I don’t sell my claim?
A: Yes, but it may take months or years depending on the case. Selling the claim offers certainty and speed.
Q: What is a preference claim?
A: A preference claim is when a bankruptcy trustee seeks to claw back payments made to a creditor within 90 days before the bankruptcy filing.
Q: Am I at risk of a preference lawsuit?
A: If you received payments shortly before the bankruptcy and have a large outstanding balance, yes — but there are valid defenses.
Q: How can CRG help with preference claims?
A: Our 547 Solutions division offers indemnity protection, claim offsets, and advisory support to reduce or eliminate preference exposure
Q: What are my defenses to a preference claim?
A: Common defenses include ordinary course of business, contemporaneous exchange, and new value. CRG can help you evaluate your position.
Q: What does BCS do for creditors?
A: BCS helps creditors collect money owed from debtors in bankruptcy through specialized services, without any upfront cost — we only get paid if you do.
Q: How is BCS different from a traditional collections firm?
A: We focus exclusively on bankruptcy collections and understand how to navigate complex dockets, court processes, and claim validations.
Q: Who uses BCS?
A: Businesses of all sizes — from small vendors to large institutional creditors — rely on BCS to pursue recoveries in bankruptcy cases.
Q: What does it cost to use BCS?
A: Our services are contingency-based, so there’s no risk to you. We only get paid if and when you recover funds from the estate.
Need More Help?
If you’re not sure where to start, our team is happy to walk you through your options.
Speak to Our Experts
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