FAQs
For Companies
What types of claims can I sell or outsource?
Any class action settlement claim your company is eligible for—whether you’ve received a notice or not. We help you identify, list, and monetize those claims.
What if I don’t know which settlements I qualify for?
No problem. Our platform and partners can help identify eligible settlements based on your business profile and transaction history.
Can I still sell my claim if I have a contract with a third-party filer?
Yes, you can still sell your claim—even if you’ve already signed a contingency-based agreement with a third-party filer. When listing your claim, potential buyers will be made aware that a third-party filing contract exists and will need to be addressed in the sale.
Here’s how it works:
Contingency contracts typically apply only to the filer’s share of the claim. For example, if your agreement gives the filer a 33% contingency fee, that means they are entitled to 33% of any eventual payout.
You still retain ownership of the remaining 67% of the claim. This portion is yours to keep—or sell.
How do I get paid for selling a claim?
Once a buyer purchases your claim, funds are processed securely through our platform and released to you after confirmation.
Will buyers or filers see our company name?
No—your company name remains confidential during the initial listing and bidding process. If a buyer or third-party filer expresses interest in your claim, they can request access. Your identity will only be disclosed after a mutual Confidentiality Agreement is signed.
How does Class Action Marketplace make money when I sell or file a claim?
If you sell your claim, we charge a 5% fee based on the final sale price, paid by both the buyer and the seller. If you choose to outsource the filing to a third-party firm, we charge a listing fee of $500. For more information on pricing please click below.
For Third-Party Filing Firms
How do I bid on claims?
After registering as a verified third-party filer, you can browse available claims and submit bids with your contingency rate.
What happens if I win a bid?
You’ll be connected with the company to begin the filing process. You’ll receive your contingency payout once the claim is paid.
Can I see the companies that we are bidding on?
Company names are hidden by default to maintain confidentiality. However, if you’re interested in a specific claim, you can request access. The company’s identity and claim details will be shared after a mutual Confidentiality Agreement is signed.
Does the platform charge me to bid or file claims?
There are no upfront costs to participate. If your bid is accepted and you file a claim, a 5% referral fee is charged—this fee is only collected when the settlement fund is distributed. Our team will draft a referral partner contract for you to review and sign before any claim work begins. For more information on pricing please click below.
For Claim Purchasers
What are the benefits of buying claims?
Buyers can acquire claims at a discount and profit when settlements are paid out—often years later. It’s a unique legal asset class with long-term ROI.
What happens if the claim I purchase already has a third-party filer under contract?
Suppose a company is selling a claim that already has a third-party filing agreement in place. In that case, the filing of the claim will, by default, remain with that third-party filer—unless otherwise negotiated after the purchase.
What this means for you as a buyer:
- The third-party filer retains the right to file and manage the claim as per their existing contingency agreement with the seller.
The filer’s contingency fee will still apply, and your return will be based on the net proceeds of the seller’s portion.
How do I know the claims are legitimate?
All claims are reviewed and verified before being listed. We also provide documentation and transaction history for transparency.
Can I see the names of the companies whose claims are for sale?
Company names are kept confidential by default. If you’re interested in purchasing a specific claim, you can request access. Full details, including the company name, will be shared after signing a mutual Confidentiality Agreement.
Are there fees when I purchase a claim?
Yes. We charge a 5% transaction fee based on the purchase price of the claim, paid by both the buyer and the seller. This fee is added at checkout and helps us maintain a secure, transparent marketplace. For more information on pricing please click below.
Platform & Security
How Does Class Action Marketplace Protect Buyers and Sellers?
Here’s how it works:
Buyer selects a claim and agrees to the terms.
Buyer pays the full amount (claim price + platform fee) through our secure payment processor.
Funds are held temporarily by Class Action Marketplace (via Stripe’s delayed payout system).
Seller completes the transfer of claim rights and uploads any required documentation.
Once verified, the funds are released to the seller’s connected account.
Transaction is marked complete on the platform.
Why use delayed payouts?
Buyers are protected from paying for claims that are not properly transferred.
Sellers are assured that funds are secured and will be released once obligations are met.
The platform maintains compliance by using a licensed payment processor (Stripe) to hold funds temporarily.
How long are funds held?
Funds can be held for up to 90 days, but most transactions are completed and released within 7–14 business days, depending on verification and documentation.
Is my data secure?
Yes. We use encrypted storage and comply with data protection laws like CCPA and GDPR to ensure your information is safe.
Do you offer support if I have questions?
Absolutely. You can reach us anytime at support@classactionmarketplace.com.