Appraising restaurant equipment often begs the question of which equipment is personal property — and should be valued for the purposes of the appraisal — or real property — as in, part of the real estate. While most folks have never considered whether a walk-in cooler, for example, is equipment or real estate, that’s a question…Read More
The Bankruptcy Appraisal Process: 5 Steps to Saving Money – Part 2
PART 2: Cut costs on your equipment appraisals with these 5 simple steps from Northern California ASA Equipment & Machinery Appraiser, whatever your business: agriculture, manufacturing, construction or excavation, recreation, heavy equipment, rolling stock or shop production. This Part 2 of 2 discusses details of providing useful equipment photographs, planning an efficient on-site inspection, and working with a qualified, accredited equipment and machinery appraiser. Following these steps will provide you with the equipment appraisal you need for the least amount of cash outlay. Read More
The Bankruptcy Appraisal Process: 5 Steps to Saving Money
PART 1: Cut costs on your equipment appraisals with these 5 simple steps from Northern California ASA Equipment & Machinery Appraiser, whatever your business: agriculture, manufacturing, construction or excavation, recreation, heavy equipment, rolling stock or shop production. This Part 1 of 2 discusses details of preparing a thorough Asset Spreadsheet in an electronic program and providing complete Equipment Information, including reports needed for Speciality Equipment and Machinery. Carefully following these steps will provide you with the equipment appraisal you need with the least amount of cash outlay. Read More
Choosing a Bankruptcy Equipment Appraiser
Choose an equipment appraiser who will make bankruptcy filing easier, not more difficult. Be sure that the equipment and machinery appraiser providing the bankruptcy appraisal is qualified, experienced, and approved by your Bankruptcy Attorney. Read More
Before Getting a Bankruptcy Appraisal, Obtain Legal Assistance
Considering bankruptcy? Before calling an equipment appraiser for an appraisal of your business assets and equipment for bankruptcy purposes, call a bankruptcy attorney. Good legal advice can save business owners costly mistakes in the bankruptcy process, including the possibility of disqualification. With your attorney’s help, you can decide if filing for bankruptcy is the best option for your business and determine the steps along the way, including a qualified equipment appraisal of your business assets. Read More