Valuation and sale of precatórios and judicial credits
The arithmetic of your precatório fits on one sheet.
Whoever calls offering a closed figure does not show the arithmetic. Here the order is reversed: first you see the maths — indexation, legal fees, social security, tax — and only then do we talk about an offer. Nexus reads the full enforcement file and the calculation approved by the court, works out the economic value of the credit and presents the asset to its investor base. The decision remains yours, from beginning to end.
Free valuation, no strings attached. Nothing is signed at this stage.
- Face value of the credit base date 06/2024
- 250,000.00
- Indexation to date IPCA + 2%/yr · Amendment 136/2025
- + 23.74%
- Updated value
- 309,350.00
- Legal fees 20% of the updated value
- − 61,870.00
- Social security 11% on the principal portion
- − 17,014.25
- Withholding tax, RRA art. 12-A of Law 7,713/88 · 60 months
- − 13,687.20
- Net amount what the debtor would pay, whenever it pays
- 216,778.55
- Negotiation discount 30% in this example
- − 65,033.57
- What the holder receives today
- R$ 151,744.98
The net amount is not what you receive. It is what the debtor entity would pay, whenever it pays. The negotiation discount applies on top of it — 30% in this example. That percentage changes with the characteristics of the credit: nature of the award, debtor entity, stage of the case, budget year of entry, pending challenges and estimated time to payment. It can be higher, and it can be lower.
Every assignment is formalised by public deed signed by videoconference on e-Notariado, the Brazilian notaries' platform. e-Notariado does not accredit or endorse Nexus.
You accept or decline yourself, in the client area, with date and time. You receive the record as a PDF. Nothing moves forward without an express statement of will.
Our fee is stated in writing before any negotiation and is due only if the transaction closes. If you decline, there is no cost.
Take it today or keep waiting
The time passing is yours
The question that matters is not what your precatório will be worth one day. It is what it solves in your life today — and what the wait costs you in the meantime.
The indexation rule has already been swapped
Until 2025 precatórios were adjusted by the Selic rate. Constitutional Amendment 136, of September 2025, moved them to the IPCA index plus simple interest of 2% per year. How far the change reaches precatórios already issued is disputed, and the amendment is being challenged before the Supreme Court by the Brazilian Bar Association.
Withholdings do not disappear with time
Legal fees, social security contributions and income tax will be deducted all the same, later, from a larger amount. Waiting removes none of them — it only postpones the same arithmetic.
Life charges interest while the case waits
Compare the indexation of your credit with the interest you pay today on a credit card or payroll loan — the average rates by product are published by the Central Bank. Run that arithmetic with your numbers, not with ours.
Succession is what the wait does not warn you about
If the holder dies before payment, the credit is not lost: it passes on. It does, however, become dependent on probate and on the heirs being admitted to the case. Nexus also serves heirs in that situation.
Legal uncertainty, in chronological order
Since 2000, payment of precatórios has been changed by nine constitutional amendments
Each of them altered the deadline, the ceiling or the indexation of credits already recognised by a final and unappealable court decision.
- 2000Amendment 30 — allows the stock of precatórios to be paid in instalments over up to ten years.
- 2009Amendment 62 — creates the special regime. The Supreme Court strikes down provisions in ADIs 4357 and 4425.
- 2016Amendment 94 — new special regime, with settlement due by 2020.
- 2017Amendment 99 — the settlement deadline moves to 2024.
- 2021Amendment 109 — the settlement deadline moves to 2029.
- 2021Amendments 113 and 114 — payment ceiling and a new indexation rule.
- 2022Amendment 126 — extends the ceiling rule applicable to the federal government.
- 2025Amendment 136 — the settlement deadline in art. 101 of the Transitional Provisions “shall not apply as from enactment”. Annual payment is capped at between 1% and 5% of net current revenue, according to the arrears stock, and indexation becomes the IPCA index plus simple interest of 2% per year.
Texts of the amendments published by the Presidency (Planalto). Amendment 136/2025 was enacted on 9 September 2025 and is the subject of a direct action of unconstitutionality brought by the Brazilian Bar Association before the Supreme Court.
What that means in the queue, today
Under the payment plan published by the State Court of Justice itself, in 2026 the State is paying precatórios from the 2009 to 2013 budget years — up to seventeen years between entry in the budget and payment. The same plan runs through 2035.
Source: TJPR, Payment Plan of the State of Paraná, 2026 annual plan. Accessed on 5 September 2026.The special-regime settlement deadline went from 2020 (Amendment 94/2016) to 2024 (Amendment 99/2017), then to December 2029 (Amendment 109/2021) — and, with Amendment 136/2025, ceased to exist.
Source: TJSP, information on the special regime for precatórios, and the texts of the amendments.While the deadline keeps moving, your credit is not your money: it is a promise of payment whose deadline, ceiling and indexation have already been changed after the precatório was issued.
Selling early means trading that promise for an amount that lands in your account — and that no later amendment can reach. It is not giving up your right: it is receiving it on your schedule, rather than on the public budget's.
The budget year your precatório was entered into is the single factor that most changes its market value. See the table under “How we calculate”.
Waiting is a legitimate decision too. That is why the valuation is free and declining costs nothing: you decide only after seeing the arithmetic. And Nexus earns only if the transaction closes — the fee is stated in writing before any negotiation.
The process, step by step
Seven steps, and none moves without your authorisation
You can stop at any point. Up to step 4, nothing has been signed.
Technical review of the case
Our team reads the enforcement proceedings, the court-approved calculation and the case timeline, and identifies anything that can affect value: attachment, pending challenge, reserved legal fees, heirs not yet admitted.
Market valuation of the credit
You receive the expected value of the asset and the calculation behind it — before any negotiation, at no cost.
The asset is presented to the market
We take the credit to our investor base, who price it and send acquisition offers. Where more than one is interested, every offer is presented and the choice is yours.
The decision is yours, and it is recorded
You accept or decline in the client area, with the date, the time and the exact content of the offer you read. That record protects both sides.
Document diligence
After acceptance you upload the file documents through the client area itself. We forward the set to the investor — you follow what has been approved and what is still missing.
Public deed of assignment and payment
The deed is drawn up and signed by videoconference on e-Notariado, with a digital certificate, from your phone: no side agreement, no open power of attorney, no leaving home.
Notice to the court and to the debtor entity
The assignment is recorded in the case file and notified to the debtor entity, so that future payment goes to the assignee. The cycle closes on paper.
Technique before price
The arithmetic is yours before it is ours
Whoever calls offering a closed figure does not show the arithmetic. Here the order is reversed: first you understand what you hold, with the calculation in front of you; only then do we talk about an offer.
Alongside, the order in which withholdings come off the updated gross value. That is the sequence the simulator reproduces and the analysis applies to your case — with your percentages, not with averages.
- Updated gross valueThe amount approved in the case file, adjusted from the base date to today by the applicable index.
- Contractual legal feesThe percentage in the fee agreement, always calculated on the total updated value. The reserve under art. 22, §4 of the Brazilian Bar Statute is respected.
- Actuary and expert feesWhere engaged, at the percentages actually agreed.
- Social security contributionLevied on the principal portion, at the rate of the scheme the holder belongs to.
- Withholding income taxAssessed under the accumulated-income regime (art. 12-A of Law 7,713/88) where the credit covers several months. Default interest on maintenance debts is outside the tax base (Supreme Court, Theme 808).
- Net negotiable valueIt is against this figure — not against face value — that any discount should be checked.
How the budget year of entry usually weighs on the discount
Market reference, not an offer| Status of the credit | What that means | Weight on the discount |
|---|---|---|
| Entered for the following year | It is already in the debtor entity’s budget law for next year. This is the situation with the least uncertainty over timing. | lower |
| Entered for a later year | Entry into the budget is further away, which raises the cost of carrying the asset until payment. | higher |
| Payment year already past due | An atypical situation that depends on the debtor entity’s track record. It is not estimated by a simulator: it requires personal assistance. | case by case |
The budget year of entry appears in the requisition order itself and in the debtor entity’s budget law — you can check it. This table describes how the market usually prices that difference; it is not an offer, nor a promise of timing or of payment.
Value estimator
What would your credit be worth, on average, in the market?
In a few minutes you see the order of magnitude of your credit, without speaking to anyone. This estimator is a courtesy from our team, meant to give you a market reference. The figures shown here are estimates based on some of the points examined during technical due diligence, and illustrate in broad terms how these assets are priced. The results may therefore not be confirmed once the asset itself is reviewed.
It applies Constitutional Amendment 136, enacted on 9 September 2025: the Selic rate (Central Bank series 4390) from the base date through August 2025, the IPCA index (series 433) from September 2025 onwards — September itself split pro rata between the two — plus simple interest of 2% per year from 9 September 2025.
Three limits you should know. The IPCA is published with a lag, so the most recent months are not yet in the calculation and the real figure tends to be slightly higher than shown. The 2% per year is default interest: on a precatório still within the constitutional payment period it may not be due for that stretch, in which case the figure shown is higher than the correct one. And the rule governs precatórios: for a judicial credit with no requisition issued yet, or for an RPV, a different indexation regime applies and this result does not hold.
The definitive calculation depends on a case-by-case review. Request the technical assessment.
- Reference estimate only. The binding figure is the one approved in the court file, and withholdings and deadlines may differ.
- The RRA is estimated under the method of article 12-A of Law 7.713/88, using the current monthly table and the number of months entered.
- Credits subject to attachment, a pending challenge, unqualified heirs or a fee reservation require separate analysis.
Enter at least the credit value and the number of months.
2026 monthly withholding income tax table. Adjustment by the accrued Selic rate, series 4390 of the Central Bank of Brazil.
The figures shown on this page are estimates and may not be confirmed after the technical and legal review of the asset. They do not constitute an offer, a report, an opinion or a commitment to purchase. The actual discount may be higher or lower than the simulated one, depending on the characteristics of the credit and on investor appetite at the time. The simulation does not account for taxes on the assignment, notary costs, or any change to the constitutional regime or to the debtor entity's payment schedule. Whatever you type here stays in your browser: the simulator runs locally and sends nothing to Nexus. Nexus does not buy the credit — the investor fund does; our job is to find that investor, bring the two sides together and conduct the negotiation, staying with the transaction from the review of the case file to the moment the assigned amount reaches the holder. Our fee is stated in writing before any negotiation and is only due if the assignment goes through. You approve or decline the offer in the client area, with date and time recorded, before anything is signed.
Institutional partnerships
For lawyers and for institutional investors
Lawyers
We work with counsel, not over them
Contractual fees and the reserve under art. 22, §4 of the Brazilian Bar Statute are fully respected, and no discussion with your client takes place without your knowledge. There is no compensation of any kind for referrals — the relationship is technical.
Discuss a transactionInstitutional investors
Origination with a standardised file
Documented case analysis, a standardised file and the assignor's statement of will recorded in the system, with date, time and frozen content. Served through direct contact.
Contact the origination deskThis section is intended for professional investors. Nothing here constitutes a public offering of securities, an investment recommendation or a promise of return.
People who have been through this
Results
We keep full names private for safety: someone who has just received a credit should not become a target.
“They reviewed my case, found a buyer, handled the negotiation and followed every step until the money reached my account. Today I have an emergency fund that lets me sleep at night.”
State credit · January 2025
“After more than 15 years of waiting, I received a good part of what I am owed. It was a complex process, but Nexus made everything clear and safe. The integrity and respect they show clients are admirable.”
State credit · January 2025
Frequently asked questions
What people ask before starting
Do I have to pay anything to have my credit valued?
Am I obliged to accept the offer after the valuation?
How do you arrive at the figure?
Do you buy my credit?
I already have a lawyer on the case. Is that a problem?
I inherited the credit. Can it be sold?
Will I pay tax on what I receive?
Do I have to go to a notary office to sign?
Do you work with municipal precatórios?
Is my data safe?
Is Nexus a law firm?
Free valuation
Find out what your credit is worth
Tell us the essentials. We come back with what can already be assessed from what you have, and what is still missing.
Business hours. If you prefer, write to sac@nexusdhi.com.br or sign in to the client area.
In-person and online service throughout Brazil. Nexus Ativos Judiciais — company number (CNPJ) 50.016.707/0001-64.