A private desk for settling civil disputes and trading bankruptcy claims.
Wireroom has two parts. The Settlement Desk helps the parties to a civil case find out, early and in confidence, whether a number exists that both would accept. The Claims Desk is a members’ market for bankruptcy claims and for property headed to a trustee’s sale or a sale out of a bankruptcy estate.
Each side keeps its own counsel throughout. Wireroom is a neutral platform and is not a law firm.
For civil disputes where the real disagreement is about value.
Most civil cases settle. The trouble is that they usually settle late, after discovery and motion practice have used up much of what the parties were arguing about. The Settlement Desk tries to reach the same result at the start, through five steps that counsel on each side direct.
- 01
Screening
You describe the dispute in confidence. We tell you whether it is suited to an early number. Cases that need a ruling, an injunction or a public verdict are turned away at no charge.
- 02
Limited document exchange
Counsel for each side names the few documents that actually drive value. Those are exchanged under a protective order, in place of full discovery.
- 03
Independent valuation
Both parties receive the same valuation range, based on comparable outcomes in the jurisdiction where the case is pending.
- 04
Cost of continuing
Each side receives its own estimate of the fees, time and risk of litigating to judgment.
- 05
Blind submission
Each side submits the figure it would accept. If the figures overlap, the case settles at the midpoint and counsel draft the agreement. If they do not, neither side ever learns the other’s figure.
Typical matters: commercial and contract, employment, personal injury, construction, insurance coverage, real estate, business torts, product liability. Used by plaintiff counsel, defense counsel, in-house legal teams and insurers.
Read the full procedureFor creditors, claims buyers and investors in distressed real estate.
The Claims Desk covers the bankruptcy side of the business. Members can buy and sell bankruptcy claims, and can follow California properties and estate assets that are scheduled for sale. Listings are compiled by hand from court dockets and county recorder filings and are updated weekly.
Claims Market
A creditor can sell a claim for cash now instead of waiting on a distribution, and a buyer can acquire claims below expected recovery. Each listing shows the case, the claim amount and its status. Transfers are documented under Bankruptcy Rule 3001(e).
List or buy a claimTrustee sales
California properties under a recorded notice of sale, with the trustee, sale date, opening terms and the underlying documents.
See listingsBankruptcy sales
Real property and other assets being sold out of bankruptcy estates under section 363, with auction dates, bidding procedures and objection deadlines.
See listings| Type | Court or county | Sale or bid date | Amount | Details |
|---|---|---|---|---|
| Trustee sale | [County] | [Date] | [Opening bid] | Members only |
| 363 sale | [Bankr. court] | [Bid deadline] | [Stalking horse] | Members only |
| Claim for sale | [Case no.] | [Listed] | [Claim amount] | Members only |
What each desk costs.
| Settlement Desk | Claims Desk | |
|---|---|---|
| To start | Screening is free. | Membership subscription, billed through Square. Pricing is announced when enrollment opens. |
| On completion | A percentage fee, charged only if the case settles. | A percentage success fee when a claim trade or claim settlement closes, paid by the obligated party. |
Memberships open shortly. Leave your email on the membership page and we will write when enrollment begins.
How Wireroom operates.
Confidential
Everything submitted to the Settlement Desk is treated as a settlement communication. Nothing binds a party until counsel sign an agreement.
Counsel in charge
Each party keeps its own lawyer. Either side may withdraw at any point without the other being told why.
Neutral platform
Wireroom provides information and process. It does not give legal advice and does not represent any party.
Public sources
Claims Desk listings come from public court and county records. Members should confirm every detail before bidding or buying.