Getting Started FAQs

T-REX (Trade Receivable Exchange) is the revolutionary auction marketplace for buyers and sellers of bankruptcy trade claims. T-REX enables business creditors to research the latest market pricing, post non-binding auctions for free and secure better pricing through competitive online auctions. Leading investment banks and hedge funds bid head-to-head in real-time for auctions posted on T-REX.

Post your Bankruptcy Claim auction for FREE. We then market your auction to a large pool of experienced claim buyers to ensure that you receive the highest price available in the claims trading marketplace. Learn more.

Our mission at T-REX is simple: To get you the best available pricing for your bankruptcy trade claims.

• Better Pricing - Bidders compete head-to-head for your claim in real-time
• Free - Post your auction at no charge
• No obligation - You can decline all bids
• Anonymous - Your company name is hidden from the general public

It's easy. Click Post Auction and enter the required information. We will contact you shortly thereafter to confirm your auction listing. T-REX membership is NOT required to post an auction.

It's FREE. You do NOT pay any listing fees when posting your auction. The winning bidder of your auction pays T-REX a modest commission fee if your auction transaction closes.

No. You do NOT need to become a T-REX member to post an auction.

Yes, with respect to the general public. We only disclose your company name and contact information to T-REX-approved bidders.

T-REX markets your trade claim auction to a large pool of distressed debt buyers, which include top-notch investment banks and hedge funds.

No. T-REX auctions are non-binding. You incur no obligation when posting an auction. You select the winning bidder based on your own criteria (price, reputation, relationship, etc.). You can award the auction to any one of your bidders or none at all if you are dissatisfied with the bidding results.

Joining T-REX enables you to research the latest market demand for your debtors. Take Tour or Sign Up today.

• Monitor claims trading in your case
• Subscribe to auction watchlist alerts
• View live auction pricing
• Receive monthly market review

Simply sign up and enter the required information. You will receive an email confirming your membership.

It's free. Sign up today.

After your auction closes, you have an important choice to make: award the auction to any one of your bidders or none at all if you are dissatisfied with the bidding results. If you select a winning bidder, T-REX provides you with the contact details for that bidder and vice versa. The two of you are on your own at this point. You can close the contemplated transaction or simply walk away if you cannot agree on contract terms.

No. Any contract that you sign with the winning bidder is between the two of you.

No. T-REX provides the venue and technology for its members to post and bid on internet auctions. T-REX is not your broker or agent nor does it represent you in any auction transaction.

You and the winning bidder make payment arrangements for your transaction outside of T-REX.