Value of Furniture
May 3rd, 2007 by Questions
I have filed for bankruptcy in Alberta and need to negotiate a settlement with a Finance company. They are a secured creditor against my household furniture. Originally I told them it was worth $7500 when borrowing the money, however I have since learned that you need to base it on \”garage sale\” value. I have therefore inadvertently over-valued the furniture and would like to be able to find a more realistic $$$ value of the household furnishings. Can you suggest a website or way of doing that. This is in order to negotiate some kind of payment plan so that they can recover some of the money they lost. I don\’t want to push their hand and suggest they come and get the furnishings because where would that leave me then.
Thanks for any and all info provided.