bankruptcy_court

An Auto Appraisal may be the best way to save your Automobile in a Bankruptcy case.

Bankruptcy is about getting a fresh start and regaining control of your financial future, and one of the steps along the way may be to establish the value of your automobiles for the bankruptcy courts. Unfortunately, it can be incredibly difficult to find the right auto appraiser for your bankruptcy. You may be wondering if the appraiser will take the time necessary to analyze the market and accurately apply the proper data to the most current and similar vehicles. Will they consider all of the comparable vehicles options, modifications and overall condition? Will the appraisal report provide enough information and detail so that the bankruptcy court will understand and accept the appraisal report?

When you have Auto Appraisal Network handle your bankruptcy appraisal reports, you can rest easy. Our certified appraisal reports are widely accepted by the courts in bankruptcy cases and conform to the Uniform Standards of Automotive Appraisal Procedures (USAAP).

The key in a bankruptcy proceeding, particularly when defining the difference between a chapter 7 or 13, is the credibility. Because the trustee and/or the judge will be the final arbiter, credibility of the appraiser/valuer and his or her appraisal reports, is of the utmost importance. This credibility is often dependent upon the type of valuation reporting format utilized and the method of valuation. The courts want to see a valuation method that can be verified, and that are not based solely on the opinion of the appraiser.

Typically, the judge wants to see a full appraisal completed by a certified automobile appraiser. An appraiser must be certified and abide by the published standards for the auto in which they are appraising and are obligated to follow standards set forth by the Uniform Standards of Automotive Appraisal Procedures (USAAP). Having a fully documented automobile appraisal to present to the trustee and/or judge, will show that you are serious about your bankruptcy proceedings.

Our network of certified auto appraisers are experienced in dealing with the requirements necessary to complete an appraisal for bankruptcy proceedings. We work quickly and provide you with the most comprehensive and easily understood appraisal available. We know that you are trusting us with a very important decision in your life!

 

PROTECT YOUR ASSETS. HAVE THEM PROFESSIONALLY APPRAISED!