San Francisco – September 24, 2026 -- The U.S. Bankruptcy Court for the District of New Jersey approved HouseCanary's first-day motions, granting the property intelligence provider access to debtor-in-possession financing and clearing the way for uninterrupted operations during its Chapter 11 reorganization.
Court clears customer, employee and financing relief on first-day hearing
The approved motions cover continuation of customer programs, employee obligations and ordinary-course business operations, alongside debtor-in-possession financing to bolster liquidity. A further hearing is scheduled for October to consider additional debtor-in-possession financing for the company.
Company says services to 136 million U.S. properties remain unaffected
HouseCanary, which supplies valuation and underwriting data to financial institutions and real estate professionals across more than 136 million U.S. properties, confirmed its customer-facing operations, products, data services and support continue without interruption. The company stated it expects to keep meeting obligations to all customers and continue existing and planned services throughout the reorganization.
CEO cites path to stronger balance sheet
"Today's approvals provide HouseCanary with the liquidity and operating flexibility to keep moving forward while we address our capital structure,