Prepare a legal-asset portfolio for sale, with a written read from the record.
Request a portfolio assessment and a written read of the book comes back first. Criterica Capital helps prepare the book for consideration by independent buyers, who decide whether to purchase and set the price.
A book is worth what it collects, not what it shows.
Face value hides the duration and the collection history that decide what a legal-asset book is worth. We read both from the record and tell you what the book supports before we discuss terms.
Six kinds of book, one intake.
Pre-settlement advance books
Funded advances to plaintiffs, open or closed, with the outcome and collection record to date.
Medical lien and LOP receivables
Single liens, a provider’s book or a letter-of-protection portfolio, valued from the case behind each one.
Medical lien receivables →Law-firm fee receivables
Settlement-pending fees and fee interests in a firm’s docket.
Judgments and awards
Entered judgments and arbitral awards, evaluated on collectability and enforcement path.
Commercial claim portfolios
Groups of commercial claims with a defined stage, venue and funding history.
Forward-flow arrangements
An ongoing agreement under which an independent buyer takes the advances or liens you originate, on terms the buyer writes before the first purchase.
Capital for originators →A written indicative read of the book.
The read comes from your tape, before any price discussion.
The closed-tape read
We read the items that have closed: how long they took, what they collected, and the decline rules the book implies. From that we tell you what the open items support and why. You receive it in writing, and you can stop there.
Start a portfolio saleFrom tape to closing.
- STEP 1Send the tapeIn any format. We confirm what we received and what is missing.
- STEP 2Written readDuration, collection and the decline rules the book implies, in writing.
- STEP 3Terms in writingTerms in writing from the buyer: full consideration, performance-based upside, or forward flow.
- STEP 4Closing and servicing transitionDocuments, funds, and a servicing plan. The seller often keeps servicing under an agreement.
A tape in any format is enough to start.
Send what you have. We tell you what else is needed.
Start a portfolio sale.
Questions
Yes. A segment, a vintage or a defined set of matters can be sold on its own. The written read shows which parts of the book carry the value.
Yes. They are valued from the resolution record and the collection history behind it.
Yes. Funders sell books to rebalance, wind down or redeploy. The seller deals with one intake and one set of documents.
An independent buyer can agree to take the advances or liens you originate on an ongoing basis. The terms are written before the first purchase and apply to each tranche.
A written indicative read follows a complete tape. On receipt we confirm what is missing. Terms follow the read, not the other way around.
Not by default. The seller often keeps servicing under a servicing agreement, so counterparties see no change. Where notice is required by contract or by law, it is agreed with the seller in writing before closing.