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Robert Pellegrino
Member Of:

Florida Bar Association


New York Bar Association


National Association Of Consumer Bankruptcy Attorneys

Value your Car or Truck

You may need to value your vehicle for the trustee when you file bankruptcy.  To do that go to

http://www.nada.com/

Start by looking at the vehicles make and model, include all the options and report the middle value for an average vehicle.  You may be required to take a higher value if the vehicle is in excellent condition or relatively new, but may be able to take the lower value for clunkers.  Be sure you understand the 910 rule – you may be able to strip off some of the vehicles value in a chapter 13!

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