Bankruptcy Appraisal

An appraisal and report prepared for Bankruptcy use consists of many of the same elements which an appraisal utilized for other important decisions requires.

Generally we find that the eventual users may include:

• The client and their attorney(s)
• Bankruptcy Court
• Internal Revenue Service (IRS, Taxes)
• Creditor(s), their Attorney(s), and Administrator(s)

Typical assignments are reported in a narrative format in a summary appraisal report form and include photos, maps, graphs, and G.I.S. images of sufficient quantity to allow the readers to understand the subject property and its relationship to comparables and the neighborhood and market conditions.

Many times it is possible to provide a detailed and thought analysis and understandable and concise reporting satisfying the requirements of all the intended users. Providing a report with is understandable and convincing thereby avoids misunderstanding and delays and additional costs in settlement of the bankruptcy.

Please utilize our online form to order a quote or contact our offices for more information.

You may also utilize the links in the page above to be taken to relevant pages within our website.

The US Courts have a video series which can be assessed below about bankruptcy.