The debt restructuring of a property was originally agreed to be priced according to the assessed value, but it was overestimated. Now it is required to audit the project cost of the property. How to

The debt restructuring of a property was originally agreed to be priced according to the assessed value, but it was overestimated. Now it is required to audit the project cost of the property. How to deal with it? Do you have a manager? Let the asset manager handle it.

If it is really overvalued and the other party is the debtor, you can raise an objection to the evaluation agency and re-evaluate.

It is recommended to find an asset manager to handle it. If not, get a professional lawyer.

Your goal is to pay off all debts, but you also know that your assets are really high. See how much you have left. If not, negotiate debt-to-equity swap. If you don't agree, calculate how much you have left. If you can't, you will file for bankruptcy, and everyone will have a hard time. Instead, you should relax and start over.

I don't know your assets and the operation of your existing business. Therefore, it is recommended to consult a professional lawyer.