Right of Retention

Have you granted a loan to a company that has gone bankrupt or has outstanding invoices? Then you can invoke your right of retention or - as far as concluded together - your right of pledge. This means you can sell the assets you have as collateral to still get your money back. This often involves large stocks or the company's inventory. We are a partner to whom you can sell large consignments of goods at short notice

What is pledge or retention?

Although they are not the same thing, both retention and pledge are a way of claiming money from a bankrupt company. Thereby, the right of retention always applies and does not need to be recorded in advance. It gives you a negotiating position in the event of a relaunch and ensures that you always have some certainty of getting your money back. However, you share in the bankruptcy costs, so you may not get all your money back.

A pledge is more favorable in this case, as it gives you more rights. As a lender, you get certain assets as collateral, such as stocks, inventory or shares. In case of bankruptcy, you can pledge the receivables and thus recover your money. There is also a difference between public and silent pledge: with silent pledge on receivables, the debtor does not know that you have pledged the debts, while with a public pledge on receivables this is known.

Pledge of receivables

When you use your right of pledge, you need to find a party to whom you can sell the pledgor's stock, for example. For this, you can turn to XMBO Trading. We purchase large stocks from bankruptcy parties and can also do this through you as a pledgee. This allows you to sell the stocks at short notice and recover your money. We are a reliable, discreet and decisive partner in this situation. In doing so, we are not only open to buying up stocks, but are also happy to look into the liquidation of inventory and business assets.

More information

Would you like to know more about pledging receivables? Then get in touch with XMBO Trading. We can then arrange a meeting to discuss all the details. After the conversation, we will quickly decide whether or not to buy the products and will inform you as soon as possible. This way, you know immediately where you stand and can look further when necessary. Within 12 hours, you will have a binding offer. If you agree, we will pay immediately and come to collect the goods.