Premium Valuation Engine for Chapter 13 Debt Portfolios

PVL tells you the odds of recovery on every claim — so you know what you'll collect before you bid.

150,000+ Claims Modeled
$1B+ Projected Recovery
5,000+ Scenarios per Claim
The Market

Chapter 13 Is a High-Risk, Low-Visibility Market

484,845 consumer bankruptcy cases were filed in 2024. The median debtor earns $4,060/month and spends $3,522 — leaving razor-thin plan funding. Here's what that means for your recovery odds.

51%

Dismissed for non-payment

34%

Repeat filers

76%

Best district completion rate

<40%

Worst district completion rate

24%

Plans modified before completion

2024 Debtor Financials
• 484,845 consumer cases filed under Ch. 7, 11, and 13 — 452,970 debtors completed the required forms
• Median current monthly income: $4,060 (+7% from $3,809 in 2023) — median average monthly income: $3,734 (+6% YoY)
• Median average monthly expenses: $3,522 (+7% from 2023)
Engine Output

Recovery Odds, Modeled in Detail

Every chart below is built from actual PVL engine output on a live portfolio — completion odds, projected cash flow, and recovery confidence ranges.

What Are the Odds the Plan Completes?

Only 49% of Ch. 13 plans completed in 2024 (BAPCPA) — and 51% of dismissals were for non-payment

When Does the Cash Come In?

Trustee receipts actually collected — Sep 2025 to Jan 2026

How Much Will You Recover?

Best case, worst case, and most likely recovery — 5,000 simulations
Deal Screen

Trust the Odds, Not the Tape.

51% of Ch. 13 dismissals are for non-payment. Sellers still mark those claims as active. We model the actual odds of recovery — and flag the ones where the cash flow has already stopped.

Portfolio: Tape #402

Last Updated: Feb 5, 2026
What the Engine Finds

What Moves the Odds on 1,937 Claims

Every claim is scanned for factors that raise or lower recovery odds. Here's what we flagged in a live portfolio.

Factors That Move Recovery Odds

Red lowers your odds of getting paid — green raises them
Priority Stack

Know Your Position in Line

We model how the trustee actually disburses cash — across every tier — so you know what your unsecured position will realistically recover.

Creditor Priority Stack

Real case — $49K in filed claims, unsecured recovers 7 cents on the dollar
How It Works

How We Calculate the Odds

Three layers of analysis that tell you what each claim will recover and when the cash will flow.

[ 01 ]

5,000+ Recovery Scenarios per Claim

We simulate the cash flow on every claim 5,000+ times — varying payment speed, dismissal odds, funding rate, and macro shocks. Instead of one recovery estimate, you get a range: best case, worst case, and most likely.

6 Perturbation Factors P10/P50/P90 Bands
[ 02 ]

Odds-Based Recovery Pricing

Every claim gets a recovery value calibrated against five years of actual trustee cash flow. 13+ risk factors — pro se status, wage orders, lien strips, docket signals, district patterns — all roll into the odds of you getting paid.

13+ Risk Multipliers 44-State Macro Model
[ 03 ]

Early Warning Signals

40+ docket patterns that move the odds — prior filings, missed 341 meetings, cramdown motions, payment gaps. We flag the claims most likely to stop paying before the cash flow dries up.

40+ Docket Patterns Prior Filing Detection
Data Pipeline

Send Us the Tape. Get Back the Odds.

Upload any portfolio file. We return recovery odds and projected cash flow on every claim — scored, ranked, and ready for your IC.

Ingestion

Secure Upload
  • Bid Tape
    CSV / XLSX
    Upload the portfolio file as-is. We handle messy columns, inconsistent formatting, and missing fields.
    Required: CaseNumber • Debtor Name (or ID) • Optional: District
  • Valuation Config
    Parameters
    Set your own TVM rate, cost to service, legal fees, and recovery assumptions. We stress-test them and show you what changes.
    TVM rate • Cost to service • Legal fees • Custom default curves • Payment decay sensitivity • Target return thresholds

Deliverables

Underwriting Package
  • Trustee Disbursement Ledger
    ledgers.csv
    What the trustee actually paid out — line by line. The ground truth behind every recovery number.
    Case_ID • Claim_ID • Date • Amount • TransType • ClassCode
  • Claims & Waterfall Snapshot
    claims.csv
    See exactly where your claim sits in the priority stack and how much cash is left after senior creditors get paid.
    ClaimLevel • ClassTypeCode • PrincipalOwed • StopDisbursementFlag
  • Valuation Package
    Tables (CSV)
    The numbers you hand to your IC. Recovery odds per claim, projected cash flow, tail risk flags, and the full variance analysis.
    P50/P90 cashflows • EV by case • Tail risk flags • Variance Report
Example Portfolio Summary Downloadable Tables
Accounts
0
Sample Portfolio
TVM Rate
0%
Configurable
Cost to Service
0%
Per Claim
Legal Fee
$28
Per Claim
Payout at Risk %
0%
Annualized
Payment Decay
6 mo
Weighted Avg
ledgers.csv
Actual cash flow from the trustee — month by month, claim by claim.
Join keys: Case_ID • Claim_ID
claims.csv
Where each claim sits in the stack and what's left to recover after senior creditors.
Join keys: Case_ID • Claim_ID
risk_flags.csv
Every red flag: stopped cash flow, missing claims, silent defaults.
Join keys: Case_ID
Sample Engine Findings
• Case 24-12345: Plan shows $285/mo, trustee ledger avg $142/mo (6mo)
• Case 24-54321: Unsecured claim listed @ $8,400 — no disbursements in 14 months
• Case 24-99999: Secured claim paid in full, unsecured recovery now viable
Continuous Improvement

A Model That Sharpens Itself

Actual recovery data feeds back into the engine. Every portfolio you acquire makes the next set of odds more accurate.

Real cash flow comes in. We compare it to what we projected. The difference tunes the model — so the next portfolio's recovery odds are tighter.

01
Bid

Projections inform your price

02
Collect

Trustee disbursements flow in

03
Measure

Actuals vs. projections

04
Tune

District-specific adjustments

05
Outbid

Sharper model, winning bids

Model Confidence Score

We said 12% recovery, you collected 11.8%. We document that track record so your IC and LPs can see it.

District-Level Tuning

Completion rates swing from 76% (E.D. Washington) to under 40% in the worst districts. We calibrate recovery odds to each trustee's actual disbursement pattern.

IC-Ready Memos

Auto-generated reports showing projected vs. actual recovery — within ±3%. The documentation your committee needs to keep buying.

Volume-Based Pricing

Full Insight at Every Scale

Every tier receives the Complete Valuation Package. You only pay for the number of claims you need to underwrite each month.

Foundation
$5,000 /mo
Up to 1,000 valuations
~$6.67 per claim
Recovery odds and cash flow projections on your first portfolio.
  • Complete Valuation Package
  • Silent Default & Cramdown Alerts
  • Standard 24h Turnaround
Calibration Loop
+$2,500 /mo
Yield Optimization Engine
Track actual recovery against projections. Sharpen odds over time.
  • Variance Analysis Reports
  • District-Specific Model Tuning
  • Model Confidence Score
  • IC-Ready Performance Memos
Underwriting Capability Foundation Velocity Calibration Loop
Standard in All Valuations
Monte Carlo Simulation (5,000+ iterations/claim)
Predictive Dismissal & Ch 7 Conversion Odds
Path-Dependent Waterfall Analysis (P50/P90)
Tail Risk Flags & Silent Default Detection
Calibration & Yield Optimization
Actual vs. Projected Recovery Reporting
Model Confidence Score
District-Specific Parameter Tuning
IC-Ready Performance Memos (auto-generated)
Cash Flow Recalibration by Trustee
Try It

See the Engine in Action

$500 / flat rate

Send us a tape. We'll return recovery odds and projected cash flow on every claim — $500 flat, no commitment.

Recovery Odds on Every Claim
Projected Cash Flow by Month
Top 100 Overpay Flags