Equipment & Machinery Appraisal for Bankruptcy Filing

5.0from 80+ client reviews

Equipment & machinery appraisals for bankruptcy filing, prepared in accordance with USPAP. AppraiseItNow provides creditor-ready reports covering manufacturing equipment, heavy machinery, and commercial assets to support trustee reviews and Chapter 11 reorganization plans.

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DEFENSIBLE, USPAP-COMPLIANT MACHINERY & EQUIPMENT 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 machinery and equipment team behind your valuation report

Between them, our machinery and equipment appraisers hold CAGA 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.

Jason Dolph

Jason Dolph

Machinery & Equipment Appraiser

Third-generation auctioneer and CAGA Certified Appraiser with more than 20 years valuing machinery, equipment, vehicles, business assets, and estates for banks, attorneys, and trustees across the Carolinas.

Marnie Erkelens

Marnie Erkelens

Vehicle Appraiser

CAGA Certified Appraiser since 2014, covering vehicles, boats, equipment, fine art, and collectibles. A classic-car restoration background informs her vehicle work, with reports prepared for insurance, divorce, and charitable contributions.

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
  • Certified Appraisers Guild of AmericaCertified Appraiser
  • The Appraisal FoundationAuthorized by Congress as the source of appraisal standards

Equipment & Machinery Appraisals for Bankruptcy Filing

AppraiseItNow provides USPAP-compliant appraisals of equipment and machinery for debtors, trustees, and creditors navigating bankruptcy proceedings. Courts and trustees commonly require these valuations to support Schedule A/B asset disclosures, reorganization plans, and creditor negotiations. Depending on the bankruptcy chapter and court directives, the applicable standard may be fair market valueorderly liquidation value, or forced liquidation value, and our appraisers define that standard explicitly in every report. Our equipment valuation practice covers manufacturing lines, medical devices, restaurant equipment, and virtually any other category of business personal property.

We deliver appraisals both online and through onsite inspections across the United States, accommodating the timelines that courts and trustees impose. Whether you need a single machine valued or a full facility inventoried, our bankruptcy filing support is structured to move efficiently without sacrificing defensibility.

Equipment and Machinery We Appraise for Bankruptcy Cases

AppraiseItNow handles the full range of commercial and industrial assets that appear in bankruptcy schedules, including:

  • CNC machining centers, lathes, milling machines, and other precision metalworking equipment
  • Commercial kitchen and restaurant equipment, including ovens, refrigeration units, and prep lines
  • Medical and dental equipment such as imaging systems, surgical tools, and diagnostic devices
  • Construction equipment including excavators, loaders, cranes, and compactors
  • Printing and packaging machinery, including offset presses, bindery equipment, and labeling lines
  • Agricultural equipment such as tractors, combines, irrigation systems, and harvesting attachments
  • Woodworking and cabinetry machinery including panel saws, routers, and finishing equipment
  • Technology and IT infrastructure including servers, data center hardware, and production computing systems
  • Specialty or custom-built equipment, including in-house fabricated machinery and prototype production assets
  • Transportation and fleet assets such as semi-trucks, trailers, forklifts, and delivery vehicles tied to business operations

How AppraiseItNow Handles Equipment Appraisals for Bankruptcy

  • Our appraisers hold credentials through recognized professional bodies including ASA, AMEA, NEBB, and CAGA, and carry direct experience with Chapter 7 and Chapter 11 proceedings, including creditor disputes and court-directed valuations.
  • Each engagement begins with a review of the applicable bankruptcy chapter, court orders, and trustee requirements so the correct value definition is applied from the start. Clients are asked to provide an asset inventory with make, model, year, serial or VIN numbers, and hours or mileage where applicable, along with maintenance records and any prior appraisals, which reduces turnaround time significantly.
  • Appraisal reports are USPAP-compliant and include a clearly stated value definition, the methodology used (sales comparison, cost approach, or income approach as appropriate), supporting market data, and condition observations from inspection or documentation review.
  • Delivery is available online for well-documented assets or onsite for complex facilities, large equipment, or cases where physical inspection is required by the court or trustee.

What clients say we are known for

AppraiseItNow Reviews: What Clients Say About AppraiseItNow

  1. Being the appraiser they come back toMentioned 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“Joe and his team were very professional, fast and thorough” Tom D.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.

  • Affordable and reliable, with fast service and always responsive to my messages and questions. They delivered my appraisal on time without a glitch. 100% Recommended! I wouldn’t use anyone else for my business. Thank you, Joe — you’re great!
    Ana R. , Lawrence, MA ·

    Machinery & Equipment Appraisal for Bankruptcy Filing

  • Joe and his team were very professional, fast and thorough. Highly recommend
    Tom D., Acushnet, MA ·

    Machinery & Equipment Appraisal for Mergers & Acquisitions

  • AppraiseItNow did an outstanding job appraising my 1998 Bobcat Skid Steer and circa 2010 Yuchai Crawler Dozer. We could not locate a serial number on the dozer, and there were no online sales available, but they were still able to develop an accurate appraisal using known specifications for my dozer compared to other comparable make and model dozers. They diligently researched both equipment items and provided well-documented reports.
    Bob H. , Dallas, TX ·

    Machinery & Equipment Appraisal

  • 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 Equipment & Machinery Appraisals for Bankruptcy Filing

Which value premise applies to equipment in a bankruptcy case?

It depends on the chapter and the question before the court: Chapter 7 liquidations commonly use forced or orderly liquidation value, Chapter 11 reorganizations and negotiated Section 363 sales lean on orderly liquidation or going-concern values, and courts can direct value in use, value in exchange, or net realizable value for specific issues. One machine can carry several defensible numbers.

How is equipment valued for exemptions and retained collateral?

Exemption scheduling under Section 522 uses fair market value as of the petition date, while the Supreme Court's Rash decision values collateral a debtor keeps at replacement value: what a retail merchant would charge for property of that age and condition. Filing garage-sale or scrap numbers where the law requires a replacement-based value is a frequent trustee objection.

Why is mislabeling the premise so damaging?

Because forced liquidation value sits below orderly liquidation value, which sits below fair market value, a report using the wrong premise produces a number that is arithmetically sound but legally irrelevant. Creditors and debtors each prefer the premise that favors them, and courts focus on whether the premise matches the statutory question.

What should the appraisal file contain for a trustee or court?

Serial-number-level identification, condition notes and photos, comparable sale and auction data, the valuation date, the stated premise, and any assumptions about dismantling, removal, or sale timing. Equipment value is highly sensitive to condition and marketability, so a bare estimate without that record rarely survives contested matters.