Starting with German companies

Debitos Launches a New Online Trading Segment for Distressed Assets

Date:

Debitos Launches a New Online Trading Segment for Distressed Assets

Author: Gabriela Huerta

  1. Claims against insolvent companies can be auctioned off to the highest bidder
  2. In Germany it takes an average of four years to wind up an insolvent company, with the site you get immediate liquidity
  3. The seller can set a minimum price for the auction