If you sent us a request between 28 July and 5 August, it did not reach us. A fault on our form stopped some messages from coming through. Please call (301) 820-7664 or fill the form again. We're sorry for the inconvenience.
Michigan bankruptcy appraisers offering certified appraisals of equipment and machinery, business interests, boats and watercraft, automobiles and vehicles, and inventory for bankruptcy schedules and court filings. AppraiseItNow provides credentialed, USPAP-compliant bankruptcy filing appraisals across Michigan, including Detroit, Grand Rapids, and Lansing.
DEFENSIBLE, USPAP-COMPLIANT APPRAISAL REPORTS — QUALIFIED FOR THE IRS, AUDITORS, AND MICHIGAN COURTS.
.jpeg)
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.
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.
Business Valuation Expert & Appraiser
Accredited Senior Appraiser with the American Society of Appraisers. Raymond values capital stock, business enterprises, stock options, and intangible assets.
Personal Property Appraiser
ISA Accredited Member with 30 years in the trade, from running estate sales and an auction gallery to appraising luxury apparel, furniture, artwork, antiques, and business assets, primarily for IRS tax filings.
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.
Personal Property Appraiser
ISA Accredited Member specializing in Asian art, with a Master's from SOAS and a Postgraduate Diploma in Asian Art. Ashley chairs the ISA's Antiques, Furnishings, and Decorative Arts committee and appraises for charitable donation, insurance, and equitable distribution.
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.
Client Success Manager
Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.
American Society of AppraisersAccredited Senior Appraiser
International Society of AppraisersAccredited Member
Certified Appraisers Guild of AmericaCertified Appraiser
The Appraisal FoundationAuthorized by Congress as the source of appraisal standardsAppraiseItNow provides bankruptcy filing appraisals for individuals and businesses throughout Michigan, delivering accurate valuations of personal property, equipment, vehicles, business interests, and inventory to support Chapter 7 and Chapter 13 proceedings. Michigan's Eastern District Bankruptcy Court Local Rules require debtors to provide asset appraisals to the trustee no later than seven days before the meeting of creditors, making timely, defensible valuations essential. Once a bankruptcy estate forms, debtors cannot transfer or sell property without a court order, so accurate pre-filing appraisals are critical to avoiding disputes.
AppraiseItNow offers both remote and onsite appraisal options, making it straightforward for clients anywhere in the state to get the documentation they need. Our appraisers in Michigan serve Detroit, Grand Rapids, Ann Arbor, Lansing, Kalamazoo, and communities statewide.
AppraiseItNow covers the major asset classes that appear in Michigan bankruptcy proceedings, including:
AppraiseItNow serves individual debtors, bankruptcy attorneys, trustees, and business owners across Michigan who need credible, court-ready valuations to support Chapter 7 liquidation determinations or Chapter 13 repayment plans.
What clients say we are known for
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!
Machinery & Equipment Appraisal for Bankruptcy Filing
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
Business Valuation Appraisal for IRA Conversion
I was in dire need of an appraisal for my father's mobile home, which he needed for Medicaid approval. I couldn’t find anyone to do it for a long time, but then I found this company online and decided to give them a try. I’m so glad I did. They were wonderful to work with. I sent the pictures, and within just a few days I received the appraisal. They are absolutely worth the money.
Mobile Home Appraisal
I recently requested a retroactive appraisal for fine art from AppraiseItNow. I received excellent service from intake to delivery. The appraisal was delivered on time and the content of the appraisal absolutely met my expectations!
Artwork 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.
Very thorough and professional — great communication and outstanding service. Highly impressed with their work!
At fair market value as of the filing date, listed on Schedule A/B; tax-assessed values and original purchase prices are not the standard. Michigan adds no separate state valuation form for consumer property, so the schedules and any supporting appraisal carry the entire valuation record.
Michigan's bankruptcy-specific exemptions under MCL 600.5451 include caps for one motor vehicle, household goods and jewelry with per-item limits, and tools of the trade. The dollar amounts adjust for inflation, with the Michigan Treasury publishing updated figures, so the applicable caps are the ones in effect on your filing date, not the numbers in older charts.
No, that claim overstates the rule: accurate disclosure is mandatory, but formal appraisals become important when a trustee or creditor challenges a value or when items like jewelry, tools, or a vehicle sit near an exemption cap. In those disputes, a documented fair market value report is what settles the question.
No, they are separate systems often confused: a probate personal representative files an inventory within 91 days of receiving Letters of Authority using date-of-death fair market value under MCL 700.3706, while bankruptcy schedules value the debtor's property as of the petition date. When one matter involves both, we keep the effective dates and standards distinct.
