Virtual negotiation room for Brazilian extrajudicial recoveries
Large Brazilian corporations accumulate unsustainable debt loads (R$66B+) forcing complex, time-sensitive creditor negotiations for extrajudicial recovery to avoid full bankruptcy.
CredoRoom provides a secure, auditable virtual deal room where debtors and creditors can negotiate, vote according to Brazilian legal thresholds, exchange marked-up documents, and execute digital signatures — all in one platform purpose-built for extrajudicial recovery.
CFOs, CEOs, and financial teams at large Brazilian companies in energy, agribusiness, and commodities sectors with debt exceeding R$10B
Built-in voting engine that automatically calculates approval percentages per the exact majorities required by Lei 11.101/2005 for each class of creditor.
professional/supportive
Permissioned access for debtor, creditors, counsel with full audit trail
Automatic classification and real-time voting dashboard per legal majorities
Side-by-side comparison and collaborative editing of recovery proposals
Integrated digital signatures compliant with Brazilian ICP-Brasil standards
Threaded discussion tied to specific clauses with legal hold
Generates official certificate once legal thresholds are met
Push finalized plans to regulators and credit bureaus
Scheduled video calls linked to specific proposal versions
Monitor payment milestones after agreement is signed
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| company_id | uuid | No |
| status | text | No |
| current_plan_version | int | No |
| created_at | timestamp | No |
Relationships:
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| room_id | uuid | No |
| entity_name | text | No |
| cnpj | text | Yes |
| role | text | No |
| class_type | text | Yes |
Relationships:
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| room_id | uuid | No |
| participant_id | uuid | No |
| plan_version | int | No |
| vote | text | No |
| voted_at | timestamp | No |
Relationships:
| Column | Type | Nullable |
|---|---|---|
| id | uuid | No |
| room_id | uuid | No |
| version | int | No |
| s3_url | text | No |
| signed_by_all | bool | No |
Relationships:
/api/roomsCreate new negotiation room
/api/rooms/:id/voteSubmit creditor vote on current proposal
/api/rooms/:id/statusGet real-time approval percentages and status
/api/documents/uploadUpload new version of proposal
/api/webhooks/signaturesReceive e-signature completion events
30-day room lifetime
None
None
| Month | Users | Conversion | MRR | ARR |
|---|---|---|---|---|
| Month 1 | 65 | 11% | $281 | $3,372 |
| Month 6 | 520 | 18% | $3,703 | $44,436 |
Secure voting, redlining, e-signature and automatic legal threshold calculation — all in one auditable platform.
Contact restructuring partners at the top 8 Brazilian law firms that have handled >R$5B cases in the past 24 months (publicly listed in court dockets). Offer them free use for their next three clients in exchange for co-marketing and feedback. Attend the next two editions of the Brazilian Turnaround Forum to demo the live voting engine to potential debtor-side CFOs.
Strong security
Generic virtual data room, no Brazilian legal logic
Built-in Lei 11.101 voting engine and Portuguese UX
Excellent e-signature
No negotiation or voting workflow specific to multiple creditors
End-to-end recovery process vs single signature tool
Network effect: once multiple creditors adopt the platform for one deal, they are more likely to insist on using it for future deals, creating stickiness.
Acceleration of remote work post-pandemic combined with the 2020-2021 bankruptcy law modernization has dramatically increased the volume and complexity of extrajudicial negotiations that can now be done completely outside courts.
Platform used to execute invalid agreements
All certificates include prominent disclaimer and require lawyer attestation
Slow adoption by conservative creditors
Start with debtor-side only and let them invite creditors; offer free creditor access
Success: At least 70% say current process is painful and would use a specialized room
Success: All 3 processes completed entirely inside the platform
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