Hi,
I'm preparing the docs for my attorney to file CH7 and was curious what input I should use for my car's value when it is considered an asset? I own it - no loan. KBB or NADA and which of these values?
Could I also get an appraisal from - let's say - Carmax? If I recall correctly, if I want to redeem a car, they are demanding the highest value - NADA retail. But I don't think that number is accurate when trying to define the true value of the car if it's treated as asset.
FYI, it's the Florida Middle District.
Thanks in advance!
I'm preparing the docs for my attorney to file CH7 and was curious what input I should use for my car's value when it is considered an asset? I own it - no loan. KBB or NADA and which of these values?
Could I also get an appraisal from - let's say - Carmax? If I recall correctly, if I want to redeem a car, they are demanding the highest value - NADA retail. But I don't think that number is accurate when trying to define the true value of the car if it's treated as asset.
FYI, it's the Florida Middle District.
Thanks in advance!
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