Corporate Valuation & Advisory Services
Appraisals by asset class
Business Need
Debt Forgiveness
In declining markets, the issue of indebtedness forgiveness becomes an important one to consider. Owners of real estate, including holding companies or developers, may find themselves in a position to renegotiate their debt. For income tax purposes, forgiveness of debt is generally treated as income that must be added to taxable gross income. In the case of an insolvent taxpayer and some other exceptions, a thorough appraisal is necessary to prove insolvency or to otherwise quantify the amount that can be excluded from becoming taxable income.
- Trigger Events
- Related Services
- Get Started
- Your business is currently in financial distress
- Reorganization proceedings have commenced
- Negotiation of debt forgiveness has commenced
Business Need: Bankruptcy and Reorganization
- Successfully manage bankruptcies or reorganization end-to-end by leveraging valuation, advisory and asset management expertise throughout all phases of the recovery
- Leverage assets to obtain working capital needed for the business
- Restore profitability by analyzing the best ways to restructure the firm's capital structure
The following is needed to determine how AccuVal can help:
- A list of secured creditors and their lien positions
- Documentation regarding debt tranches and the level of monetary relief being sought
- Call 800 852-9252 or
- Submit an online request
