Millwright Equipment Appraisers

BANKRUPTCY & LIQUIDATION

Equipment Appraisal for Bankruptcy

Equipment appraisal services for bankruptcy covering orderly liquidation value, forced liquidation value, and fair market value for Chapter 7, 11, and 13 proceedings. Millwright Equipment Appraisers prepares court-ready reports nationwide, from initial filing through Section 363 sale.

When a business or individual files for protection under the U.S. Bankruptcy Code, machinery and equipment need an independent valuation to move the case forward. Our appraisers determine the value type the proceeding requires, most often orderly liquidation value or forced liquidation value, and document the market evidence behind the number in a written report. The valuation supports asset schedules, a sale under Section 363, creditor negotiations, and the court record showing the reported values are defensible.

Every report is prepared in accordance with USPAP (Uniform Standards of Professional Appraisal Practice) so it holds up under the scrutiny of the bankruptcy court, opposing counsel, and the creditors' committee.

VALUATION STANDARDS

Bankruptcy Appraisals Report Orderly Liquidation, Forced Liquidation, and Fair Market Value

  • Orderly Liquidation Value

    The amount a private sale would bring with a reasonable time to find buyers. Common in Chapter 11 reorganizations and negotiated asset sales.

  • Forced Liquidation Value

    The amount an auction sale would bring under compulsion, with limited time to sell. Common in Chapter 7 liquidations and foreclosure of secured collateral.

  • Fair Market Value

    The price a willing buyer and seller would agree to, neither under compulsion. Used to test whether a proposed sale reflects the equipment's true worth.

PROCEEDINGS

Millwright Equipment Appraisers Supports Chapter 7, 11, and 13 Bankruptcy Filings

Our appraisers value equipment across the full range of bankruptcy proceedings and the situations that arise within them:

  • By Bankruptcy Chapter

    • Chapter 7 liquidation
    • Chapter 11 reorganization
    • Chapter 13 adjustment
    • Subchapter V small business

  • By Proceeding

    • Section 363 asset sales
    • Schedules of assets
    • Debtor-in-possession financing
    • Cash collateral disputes
    • Creditor negotiations
    • Plan confirmation support

  • Equipment We Value

    • Manufacturing & plant machinery
    • Construction & heavy equipment
    • CNC & fabrication equipment
    • Material handling & forklifts
    • Processing lines
    • Commercial fleet vehicles

METHODOLOGY

How a Bankruptcy Equipment Appraisal Works

  1. 01

    Request and scope

    Tell us the debtor, the equipment, the chapter, and the court deadline. We confirm the value standard the proceeding requires.

  2. 02

    Inspection and data

    We inspect on site or review detailed photos, serial numbers, hour meters, and maintenance records to document each asset's condition.

  3. 03

    Market analysis

    We analyze comparable sales, auction results, and dealer data to support defensible orderly and forced liquidation conclusions.

  4. 04

    USPAP report

    You receive a written report prepared in accordance with USPAP, ready for the trustee, creditors' committee, opposing counsel, and the bankruptcy court.

CREDENTIALS

Credentialed Equipment Appraisers for Bankruptcy Proceedings

Our appraisers hold designations with leading professional bodies and prepare every report in accordance with USPAP.

American Society of Appraisers

ASA

NEBB Institute

Certified Machinery & Equipment Appraiser (CMEA)

Certified Appraisers Guild of America

CAGA

The Appraisal Foundation

USPAP-Compliant

NationwideService Coverage
USPAPReporting Standard

COMMON QUESTIONS

Bankruptcy Equipment Appraisal Questions

Which value does an equipment appraisal for bankruptcy report?

It depends on the chapter and the purpose. Chapter 7 liquidations and secured-creditor foreclosures typically call for forced liquidation value, while Chapter 11 reorganizations and negotiated Section 363 sales often call for orderly liquidation value. We confirm the correct standard with your counsel before we begin so the report fits its intended use.

Who can order an equipment appraisal for a bankruptcy case?

Bankruptcy trustees, debtors in possession, secured creditors, and the attorneys representing them all engage us. The valuation is independent regardless of who orders it, which is what makes it useful to the court and the creditors' committee.

Will the report hold up in bankruptcy court?

Every report is prepared in accordance with USPAP and documents the market evidence behind each value conclusion. The court and opposing counsel make the final determination, but the report is built to be defensible and to withstand cross-examination.

How does the appraisal support a Section 363 sale?

We provide an independent value conclusion that the debtor, trustee, and creditors can use to judge whether a proposed 363 sale price is reasonable, and to support the motion to approve the sale.

Can you meet a court or hearing deadline?

Turnaround depends on the number of assets and whether an on-site inspection is needed. Tell us your filing or hearing date when you request the appraisal and we will scope the engagement to meet it.

Do you provide support if the valuation is challenged?

Yes. When a value is disputed, our appraisers are available to support the report through declarations, depositions, and testimony consistent with the written analysis.

Get Started

Request an Appraisal

Tell us about the case and the equipment, and we will respond within one business day.