Bankruptcy Appraisals
Asset valuations for Chapter 7, 11, and 13 schedules and for trustee review.
Bankruptcy work has its own rules
Bankruptcy schedules require a clearly stated value standard and an effective date tied to the petition. Trustees and creditors' counsel read these closely, and an unstated standard invites challenge.
Every report prepared for this purpose states its intended use and intended user explicitly, applies the value standard that purpose requires, and is signed by the appraiser who performed the work. That is not a courtesy — it is what makes the report usable by the party who has to accept it.
What needs to be valued?
Personal Property
Bankruptcy appraisals for personal property.
Machinery & Equipment
Bankruptcy appraisals for machinery & equipment.
Residential Valuation
Bankruptcy appraisals for residential.
Business Valuation
Bankruptcy appraisals for business valuation.
Need a bankruptcy appraisal?
Tell us the asset and the deadline. You get a fixed written quote, usually the same day.
What the work actually looks like
Real assignments, client details removed — what each engagement actually turned on, rather than how it felt.
A house, a workshop of machine tools, a forty-year firearms collection and a stake in the family company — four disciplines that three appraisers had only partly covered. One engagement, one effective date, one set of assumptions.
A donation the regulations would have aggregated past the appraisal threshold, which the donor had assessed item by item. One qualified appraisal covering the group, itemized, signed inside the window the regulations allow.
An opposing report whose number was not obviously wrong — which is what made it dangerous. It failed on its own certification, and was answered section by section with an independent valuation to the correct definition of value.