Business Valuation for Bankruptcy Filing

5.0from 80+ client reviews

Business valuations for bankruptcy filings, supporting Chapter 7 liquidation and Chapter 11 reorganization plans, prepared in accordance with USPAP. AppraiseItNow provides going-concern and liquidation value analyses prepared for trustee review, creditor challenges, and plan confirmation.

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DEFENSIBLE, USPAP-COMPLIANT BUSINESS APPRAISAL REPORTS — QUALIFIED FOR THE IRS, AUDITORS, AND THE COURTS.

  • IRS
  • GASB
  • United States Courts
  • U.S. Small Business Administration
  • Chase
  • Bank of America
  • Wells Fargo

The business valuation team behind your valuation report

Between them, our business valuation appraisers hold ASA, ABV, and CFA designations, and every report is written to USPAP for the IRS, auditors, and the courts.

Joe Kattan

Joe Kattan

Owner & CEO

Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.

Justin Ramirez

Justin Ramirez

Business Valuation Expert & Appraiser

ASA, ABV, and CFA charterholder. Since 2016 Justin has valued businesses for estate and gift tax, purchase price allocations, fairness opinions, lending, and buy-sell agreements, across manufacturing, services, retail, and pre-revenue biotech.

Raymond Ghelardi

Raymond Ghelardi

Business Valuation Expert & Appraiser

Accredited Senior Appraiser with the American Society of Appraisers. Raymond values capital stock, business enterprises, stock options, and intangible assets.

Aron Blue

Aron Blue

Client Success Manager

Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.

  • USPAPWritten to the Uniform Standards of Professional Appraisal Practice
  • Rev. Rul. 59-60 and ASC 820The valuation framework the IRS, auditors, and courts test a business value against
  • American Society of AppraisersAccredited Senior Appraiser
  • AICPAAccredited in Business Valuation
  • CFA InstituteChartered Financial Analyst
  • The Appraisal FoundationAuthorized by Congress as the source of appraisal standards

Business Valuation Appraisals for Bankruptcy Filing

When a business enters bankruptcy, the court requires a credible, well-supported valuation of the business interest to guide decisions about liquidation, reorganization, or creditor recovery. Under 11 U.S.C. § 506 and § 1126, the applicable premise of value, whether fair market valueorderly liquidation value, or forced liquidation value, must be clearly defined and defensible from the outset. Our business appraisal practice handles the full range of business interest valuations triggered by voluntary or involuntary petitions, DIP financing requests, plan confirmation hearings, and creditor disputes.

AppraiseItNow delivers these valuations both online and onsite across the United States, working with attorneys, trustees, and debtors who need reports that will hold up under court scrutiny. Whether you need support for a Chapter 7 liquidation analysis or a Chapter 11 reorganization plan, our bankruptcy filing appraisal services are built to meet those demands.

Business Interests We Appraise for Bankruptcy Proceedings

AppraiseItNow appraises a wide range of business types and ownership structures that commonly appear in bankruptcy cases.

  • Closely held corporations, including S-corps and C-corps with minority or controlling interest positions
  • Limited liability companies (LLCs) with single or multiple members, including partial interest valuations
  • Partnerships, including general and limited partnership interests subject to creditor claims
  • Sole proprietorships where business assets and personal assets are intertwined in the estate
  • Retail and restaurant businesses requiring going-concern and liquidation value analysis
  • Manufacturing and industrial companies where equipment, inventory, and goodwill must be separated and valued
  • Professional practices such as medical, dental, legal, and accounting firms in Chapter 7 or 11 proceedings
  • Holding companies and subsidiaries where enterprise value must be allocated across entities
  • Distressed businesses with negative cash flow requiring adjusted income and cost approach analysis
  • Franchise operations where brand agreements, territory rights, and transferability affect recoverable value

How AppraiseItNow Approaches Business Valuations in Bankruptcy

Our appraisers are credentialed through organizations including ASA, ISA, AAA, CAGA, AMEA, and NEBB, with direct experience in distressed business contexts and adversarial proceedings.

  • Every engagement begins with a clear determination of the applicable premise of value, going-concern, orderly liquidation, or forced liquidation, based on the chapter filed, the proposed disposition of assets, and the specific legal standard required by the court or trustee.
  • Reports apply the income, market, and cost approaches as appropriate, with distress-adjusted inputs that reflect the heightened risks, reduced growth prospects, and asset recoverability typical of financially troubled businesses.
  • Delivered reports are USPAP-compliant and structured to withstand Daubert scrutiny, including a defined scope of work, clearly stated assumptions, and a documented methodology that attorneys and trustees can rely on in hearings and plan confirmation proceedings.
  • Appraisals are available on an expedited basis to meet court-driven timelines, with both remote and onsite engagement options depending on the complexity of the business and the documentation available.

What clients say we are known for

AppraiseItNow Reviews: “The team was highly knowledgeable, helpful, and efficient”

  1. Being the appraiser they come back to“I highly recommend their appraisal services, especially for private companies” Steve R.Mentioned in 44 reviews
  2. Answering fast, and staying reachable while the work runs“From the start they were very responsive, price competitive” Chris S.Mentioned in 34 reviews
  3. Showing the research and the comparables behind the number“Very thorough and professional — great communication and outstanding service” Curt B.Mentioned in 29 reviews
  4. Delivering the finished report ahead of the deadlineMentioned in 21 reviews
  5. Taking on items other appraisers had already turned downMentioned in 14 reviews

Across 80+ published AppraiseItNow reviews the picture is consistent: every one is from a client who paid us for an appraisal, and the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.

  • Responsive, professional, first class deliverables -- especially considering that that the appraised assets are extremely complex financial assets with little by way of comps. The deliverable satisfied my accountants and advisers as being more than adequate to support the valuation needed to complete a conversion to a Roth IRA
    Dave T., Ocala, FL ·

    Business Valuation Appraisal for IRA Conversion

  • The team was highly knowledgeable, helpful, and efficient. I highly recommend their appraisal services, especially for private companies.
    Steve R., Northbrook, IL ·

    Business Valuation Appraisal for IRA Conversion

  • From the start they were very responsive, price competitive, and had a quick turn around time. Thank you so much to Joe who was very sweet in responding to my emails; I am looking forward to utilizing AppraiseItNow for many years to come.
    Chris S., San Clemente, CA ·
  • Very thorough and professional — great communication and outstanding service. Highly impressed with their work!
    Curt B. , Washington, UT ·

Frequently Asked Questions on Business Valuation for Bankruptcy Filings

What standard of value applies to a business in bankruptcy?

There is no single standard: the Bankruptcy Code instructs that value be determined in light of the purpose of the valuation and the proposed disposition or use of the property. Insolvency tests use the Code's "fair valuation" language in 11 U.S.C. 101(32), which courts generally interpret as fair market value, while plan confirmation, adequate protection, and Section 363 sales can each call for different standards.

Does the bankruptcy chapter change how a business is valued?

Yes. Chapter 7 liquidations typically require an orderly or forced liquidation premise modeled on the trustee's expected sale timing, while Chapter 11 reorganizations rely on going-concern value tied to the plan's projections. Many Chapter 11 confirmations also require a liquidation analysis alongside the going-concern number, so both premises may appear in the same case.

How do courts test solvency in disputes involving a business?

Courts generally apply three tests: whether the fair market value of assets exceeds liabilities on a balance-sheet basis, whether the company is adequately capitalized for its risks, and whether it can pay debts as they come due. Experts support these findings with discounted cash flow models, comparable company multiples, and transaction data, and courts scrutinize the reasonableness of the projections behind them.

What must a distressed business valuation report state explicitly?

Both the standard of value (fair market, fair, investment, or net realizable value) and the premise of value (going concern versus liquidation), under the AIRA Standards for Distressed Business Valuation. Reports that omit or blur these choices are routinely attacked for methodological defects, because a number that answers the wrong legal question is irrelevant no matter how carefully it was computed.