How to Sell Your IEEPA Trade Claim: A Step-by-Step Guide
The complete process for selling an IEEPA tariff claim to an institutional buyer — from initial inquiry to closing, including what documentation you need.
Overview of the process
Selling an IEEPA tariff claim is a straightforward transaction once you understand the steps. From first inquiry to wire transfer, the typical timeline is 2–4 weeks. Here's what to expect at each stage.
Step 1 — Submit your claim details
Start by filling out our online submission form. You'll provide basic information about your company and the tariffs you've paid:
- Company name and contact information
- Estimated total IEEPA tariff duties paid
- Countries of origin and rough HTS code categories
- Date range of affected imports
- Number of entries (shipments)
This information is kept strictly confidential under a mutual NDA. No legal commitment is required at this stage.
Step 2 — We review and assess your claim
Within 24 hours of submission, our trade-claims team reviews your information and prepares an indicative valuation. This is based on the total duty exposure, legal posture of current cases, and the specifics of your import profile.
If we need additional details — like copies of entry summaries or broker statements — we'll let you know. Most claims can be assessed from the initial submission alone.
Step 3 — Receive a binding offer
If your claim meets our purchasing criteria, we issue a binding term sheet within 48 hours of review. The offer specifies:
- The purchase price (a percentage of the estimated recovery)
- Payment terms (typically a lump sum at closing)
- Any conditions precedent (e.g., document verification)
You are under no obligation to accept. Our offers are valid for 14 days, giving you time to consult legal counsel or compare alternatives.
Step 4 — Due diligence and documentation
Once you accept the term sheet, we enter a brief due-diligence phase. You'll provide:
- CBP entry summaries (CF-7501) for affected shipments
- Proof of duty payments
- Any existing CBP protests or rulings
- A signed assignment agreement transferring the claim rights
Our team handles all the legal paperwork. Most closings require minimal effort from the importer — typically just document uploads and one or two signatures.
Step 5 — Closing and payment
After documents are verified, we wire the purchase price to your designated account. The entire closing typically takes 3–5 business days after due diligence is complete.
Post-closing, our team takes over all claim management — litigation, CBP protests, and recovery proceedings. You have no further obligations or expenses.
What documents should I have ready?
To speed up the process, gather the following before you submit:
- Entry summaries (CF-7501) — the single most important document
- Customs broker statements showing duties paid
- Commercial invoices for affected shipments
- CBP protest filings (if any were filed)
Don't worry if you're missing some of these — we can work with your customs broker to obtain what's needed.
Ready to get a quote on your claim?
No commitment. No legal fees. We respond within 24 hours.
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