Recently the banking system has been involved in the significant disposal of Npl. Today the focus is on Utp (Unlikely to pay) loans, namely credits deemed difficult to recover. The Utp loans market is worth about 100 billion euro. In order to avoid the transition of Upt to Npl, it is necessary to act. In this context it is worth to evaluate the trade off between managing and selling Utp. It is believed that the disposal processes will be preferred in the future also considering that the management of Utp has not yet led to the expected results. In fact, about 40% of the restructuring agreements have ended after four years with companies in wound up or bankruptcy proceedings. An efficient and timely sale of the Utp allows to achieve a better profitability. The tendency of the banks is to reduce the incidence of Npl on the total through an increase in coverage. However, the increase in coverage does not solve the problem, rather it makes it heavier.The value of Utp, given the underlying distressed companies, highlights the need of managing the company in a specialized and timely manner. It will therefore be difficult to sell Utp loans as a whole, while the disposals of a single debtor company (single name) or limited aggregations (for the same sector or production chain) will be the best way to deal with Utp loans, also in terms of greater valorization for banks. The process of Utp disposals, presumes an effective relaunch / restructuring of the companies involved. Therefore, specialist skills are required both in terms of corporate restructuring and credit management. Recently, investors interested in this activity range from entrepreneurs who want to invest in complementary distressed companies, to national or international funds and investment banks, that are raising funds in order to run these activities, up to Spac aimed at managing Utp. This is an opportunity that banks can not lose in order to monetize substandard loans and get back, after years of managing corporate reorganization processes, to play their role as credit managers.