Secondary market for bankruptcy assets

The secondary market for bankruptcy assets refers to the buying and selling of properties, debts, or other assets that have come from companies undergoing bankruptcy. When a business cannot pay its debts and files for bankruptcy, its assets may be sold to recover some money for creditors. Investors and companies can purchase these assets at potentially lower prices, hoping to resell them for profit or to utilize them in their own operations. This market helps facilitate the recovery process and allows for the redistribution of resources that may have been lost in the bankruptcy.