New York’s Salander-O'Reilly Galleries, which declared bankruptcy last November amid accusations of fraud and a rising number of aggrieved creditors, could take years to liquidate the art in its possession, according to the art consultants charged with the job, Bloomberg reports.

Since the bankruptcy filing, about 400 creditors have filed claims totaling more than $300 million. The art consultancy Gurr Johns has been charged with dealing with the more than 4,000 recovered works. The firm will initially sell only those artworks that haven't been claimed by creditors, with the sales being conducted privately or through auction houses.

According to Robert J. Feinstein, a lawyer representing unsecured creditors, Gurr Johns reported that the sales could take two years.

“We have 40 statues of crucifixion,” Feinstein said. “We can't sell them all at once.”

Feinstein also said that the slowed economy could affect sales.

Gurr Johns will receive a retainer of $10,000 a month for its services, plus $300 an hour for court appearances and a 2.5 percent commission on proceeds for sales up to $30 million. If sales exceed $30 million, commissions increase.