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. But it can be incredibly difficult to find the right bankruptcy appraiser. Will the appraiser take the time necessary to analyze the market and accurately apply them to the most current and similar vehicles? Will they consider all of the comparable vehicles options, modifications and overall condition? And will the appraisal report provide enough information and detail so that the bankruptcy court will understand and accept the appraisal report?
Our certified appraisal reports are 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 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 report is of the utmost importance. This credibility is often dependent upon the type of valuation reporting format utilized and the method of valuation. They want to see a valuation method that can be verified and can't be solely based 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 published standards in which they are appraising and are obligated to follow certain standards, we abide by the standards of 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 automobile 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!