Founded in 2008, Oak Point Funding, LLC is a specialized financial company that provides a unique service within the bankruptcy and restructuring industry. The company's primary business is purchasing "remnant assets" from post-confirmation bankruptcy trusts and estates. These assets are typically illiquid and difficult to manage, such as uncashed distribution checks, class action claims, and preference claims. By purchasing these assets, Oak Point provides immediate liquidity to fiduciaries (like trustees), which allows them to make final distributions to creditors and officially close the bankruptcy cases, thereby saving administrative time and costs.

Founded in

United States