UrbanCiti Realty

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For bankruptcy trustees

Real estate for Chapter 7 and Chapter 13 bankruptcy estates.

We help trustees convert real property into estate value with a process designed around retention, court approval, and clean reporting.

Client

Trustee on behalf of the estate

Chapters

7 and 13

Initial report

Within 7 days of referral

Status updates

Every 14 days or on request
Our role

Dual focus on real estate and bankruptcy procedure.

In a trustee sale, the trustee is our client and our duty runs to the estate. We may communicate with the debtor and debtor’s counsel to arrange access and gather information, but we do not represent the debtor in that transaction. We state this in writing at the outset so every party understands the relationship.

In Chapter 13 matters, where a debtor may sell property under a confirmed plan or with court permission, we can represent the debtor as seller with the trustee’s awareness and any required court approval. The representation is defined before any work begins.

Interfacing with the estate

How we work inside the case.

Retention

We provide the declaration and disclosures your counsel needs for an application to employ a real estate professional.

Valuation

Written opinion of value with photos, occupancy notes, and a lien summary for the trustee’s file.

Sale motion support

Offer summaries, purchase contracts, and marketing history organized for a sale motion and any overbid procedure.

Closing

Escrow coordination, payoff tracking, and a closing statement delivered with the final report.

Typical timeline

Referral to closing.

Timelines vary with court calendars, occupancy, and lienholder cooperation. The ranges below reflect a typical Chapter 7 asset.

StageWhat happensTypical range
ReferralCase details, conflict check, access planDays 1 to 3
Initial reportSite visit, opinion of value, occupancy and lien summaryDays 3 to 7
RetentionListing agreement and employment application filed by counselDays 7 to 30
MarketingARMLS listing, investor outreach, showingsWeeks 3 to 8
Sale approvalOffer accepted subject to court approval, notice periodWeeks 6 to 12
ClosingEscrow, payoffs, final report to trusteeWeeks 10 to 16
Common complications

Occupied property, liens, and title.

Reporting

Reporting built for the case file.

Every file receives an initial written report, status updates on a fixed cadence, an offer summary for each decision point, and a final report with the closing statement. Reports are formatted to drop into your file or attach to a motion.

Courthouse and legal proceedings
Refer a property

Start a trustee referral.

Share the case basics. We respond within one business day with a conflict check and next steps.

Trustee referral intake

All fields can be updated later. Case number is optional.