save your Vehicle in a Bankruptcy With a Professional Appraisal
Bankruptcy is about getting a fresh start and regaining control of your financial future. At some point during the bankruptcy proceedings, you will likely be required to establish the value of your vehicle(s) for the courts. Unfortunately, it can be difficult to find the right auto appraiser. You may be wondering if the appraiser will take the time necessary to analyze the market and in order to find the best comps. 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?
The answer is “Yes!” when you hire Auto Appraisal Network to appraise your vehicle. Our certified appraisal reports are widely accepted by bankruptcy courts nationwide 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 also, the method of valuation. The courts want to see a valuation method that can be verified, and that is not based solely on the opinion of the appraiser.
Typically, the judge wants to see a full appraisal completed by a certified appraiser. An appraiser must be certified and abide by the published standards for auto appraisals and are obligated to follow standards set forth by the USAAP. Having a fully documented appraisal report to present to the trustee and/or judge, will show that you are serious about your bankruptcy proceedings.
Our network of certified appraisers are experienced in dealing with the requirements necessary to complete appraisal reports for bankruptcy proceedings. We work quickly and provide you with the most comprehensive, easy to understand reports that can be fully verified. We know that you are trusting us with a very important decision in your life!
PROTECT YOUR ASSETS. HAVE THEM PROFESSIONALLY APPRAISED!