24-Hour Appraisals for Chapter 7 and Chapter 13 Bankruptcy
Home values for Chapter 7 and 13 schedules, exemptions and plan math.
Bankruptcy schedules ask for the current value of the debtor's real estate, and that number ripples through the whole case: how much equity the homestead exemption protects, what a Chapter 7 trustee might pursue, and what a Chapter 13 plan has to pay unsecured creditors.
Petitions are often prepared under pressure
A foreclosure sale date, a wage garnishment or a meeting of creditors can compress the timeline. When counsel needs the value before the petition goes out, a 24-hour appraisal fits the schedule.
Where the value is used
- Real property values on Schedule A/B.
- Equity and homestead exemption analysis under California's rules.
- Chapter 13 plan feasibility and the liquidation comparison.
- Responding when a trustee or creditor proposes a different value.
What to send
- The petition date, if the value must be as of that date
- Photos and known defects; condition matters a great deal here
- The attorney's name and firm
Send photos with your order through the upload page, or attach them to a reply to your confirmation email.
Is a desktop appraisal right for this?
Desktop appraisals are widely used to set schedule values and plan a case. Photos, contractor bids and descriptions of defects all feed into the condition rating and the comparable adjustments.
If the trustee or a creditor contests value, your attorney may want an inspection-based appraisal and expert testimony, which Brian also provides through Brian Ward Appraisal.
Prepared for every purpose on this site. Brian Ward has prepared desktop appraisals for every purpose listed on this site. Some situations still call for an inspection-based appraisal, so check with your attorney or tax advisor before you order to be sure a desktop report fits your matter.
Questions
Should the value be as of the filing date?
Schedules generally use value as of the petition date, and your attorney will specify. A past date is no problem; retrospective appraisals are routine.
Can a desktop appraisal account for needed repairs?
Yes. Send photos of the problems along with any bids or estimates, and they are reflected in the analysis.
Often ordered alongside
Divorce & Family Law
Current or date-of-separation values for buyouts, mediation and settlement talks.
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Property Tax Appeals
Independent market value evidence for Prop 8 reviews and assessment appeals.
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Trust & Estate Administration
Certified values for trustees and executors: accountings, distributions and trust sales.
24-hour details →Need this appraisal by this time tomorrow?
Start the order now. Payment and photos start the 24-hour clock, any day of the week.