| name | collateral-valuation |
| title | Collateral Valuation (Bankruptcy) |
| description | Values collateral and allocates secured vs. unsecured claim portions under U.S. bankruptcy standards, applying Chapter 7 liquidation value, Chapter 13 replacement value (Rash), the 910-day vehicle rule, and § 506(b) oversecured interest. Use when preparing proofs of claim, plan treatment analyses, cramdown disputes, deficiency calculations, or valuation motions under FRBP 3012. |
| author | CaseMark |
| author_url | https://github.com/CaseMark/skills/tree/main/skills/legal/collateral-valuation |
| license | Apache-2.0 |
| version | 0.1.0 |
| execution_mode | open |
| jurisdiction | us |
| practice | bankruptcy |
| language | en |
| tags | ["analysis","litigation"] |
Collateral Valuation (Bankruptcy)
Values collateral and splits secured vs. unsecured claim amounts under 11 U.S.C. § 506, applying chapter-specific standards and special-rule overrides.
Prerequisites
- Collateral inventory — type, identifiers, condition, location
- Debt details — principal, accrued interest, fees, contract rate
- Bankruptcy context — chapter filed, petition date, plan posture (pre-confirmation / post-confirmation)
- Evidence sources — appraisals, valuation guides, comps, sales data, photos
If any prerequisite is missing, pause and ask — do not assume or fill gaps.
Output Structure
Step 1: Classify Collateral and Select Valuation Sources
Use the first matching category. Sources ranked by reliability (highest first).
Real Property
| Source | Reliability | Notes |
|---|
| Professional appraisal (MAI) | Highest | Required for high-value, commercial, or contested |
| BPO | Medium | Residential, mid-value |
| Tax assessment | Low-Medium | Baseline only |
| Automated estimates (Zillow/Redfin) | Low | Preliminary screening; not for court |
Required data: address, legal description, property type, size, condition, valuation date, comps.
Vehicles
| Source | Reliability | Notes |
|---|
| NADA Guides | High | Lender-standard |
| Kelley Blue Book | High | Commonly accepted |
| Black Book | High | Wholesale/auction focus |
| Dealer quote | Medium | Must be written |
Required data: year/make/model/trim, VIN, mileage, condition, options, retail vs. wholesale basis.
Equipment & Machinery
| Source | Reliability | Notes |
|---|
| Certified appraisal | Highest | Specialized or high-value |
