How Debt Buyers Bid, Close, and Board Charge-Offs

DebtHub · Buyer pathway

Once the tape is in diligence, the bid is a number plus conditions. Triton does not invent a market price. Buyers bid. Sellers accept, counter, or walk.

How do debt buyers bid on a charged-off portfolio?

A bid is a number plus conditions. Credit card and auto deficiency are usually a percent of face; specialty and some payday-style paper often trade in bps. Sellers accept, counter, or walk.

How bids are expressed

Credit card and auto deficiency are usually a percent of face. Specialty and some payday-style paper often trade in bps of face because recovery is a small fraction of balance. Say which unit you are using. A “4” with no unit wastes a day.

Write conditions in the bid: media percent, title gaps, max deceased, funding date. A clean number with hidden conditions is how deals unwind at PSA.

Close

PSA, cut-off date, funding instructions, and a media exhibit. Typical DebtMarket closes run 1–14 days from a complete file. Faster if title and media are already clean; slower if the seller is assembling assignments. Read cut-off vs closing vs funding before you calendar the warranty clock.

Boarding and warranty

You board to your own system. Most Triton purchases include a limited warranty period — typically 90 days from cut-off — covering deceased, paid-prior, and ineligible accounts as the contract lists. File claims through post-sale support.

Desk clocks, not promises
Stage	Typical clock	What stalls it
Bid	2–10 business days after a working tape	Missing unit (percent vs bps), no capacity
PSA / funding	1–14 days from a complete file	Broken assignment chain, wiring delays
Board + warranty	90 days from cut-off, unless PSA says otherwise	Claims filed by side email with no exhibit