Party Equipment
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Red Party Police Beacon Variable Speed Quality DJ Equipment Spinning Light $42.99 |
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Disco Party Pack – Lights Rave Fun Dance Club Lighting Decor DJ Equipment Wow $29.99 |
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1 Dozen Disco Party Lights Rave Fun Dance Club Lighting Decor DJ Equipment Wow $159.00 |
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UFO Disco Party Light Rave Fun Dance Club Lighting Decor DJ Equipment Rainbow $29.99 |
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Green Biggie™ Bar Mats Home Party Bar Club Equipment $5.95 |
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Green Shaker Mats Home Party Bar Club Catering Equip $2.65 |
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1 Dozen Mini Strobe Light Flashing Rave Party DJ Equipment Burning Halloween Man $169.99 |
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Mini Strobe Light Flashing Rave Party DJ Equipment Halloween Special Effects Wow $18.99 |
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2pk Mini Strobe Light Flashing Rave Party DJ Equipment Halloween Special Effects $34.49 |
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NIP 16 Sports Balls Equipment Party Invitations & Envelopes Football ++ NIP $3.99 |
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Lil Bratz Lot tons of accessories exercise equipment scooter dance party machine $129.00 |
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All-in-One Disco Ball House Party Rave Lighting DJ Equipment Light-Up Rotating $33.99 |
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12 inch 12″ Disco Ball House Party Rave Lighting DJ Equipment Light-Up Supplies $34.95 |
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8 inch 8″ Disco Ball House Party Rave Lighting DJ Equipment Light-Up Supplies $15.95 |
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4.5″ Rotating Disco Balls with Lamp DJ Equipment House 70′s 80′s Party Lighting $41.75 |
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Party Tent: 9.5″ W x 5″ D x 5.5″ H (Playmobil Wedding Reception Equipment–Mini) $9.75 |
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Red Shaker Mats Home Party Bar Club Catering Equipment $2.65 |
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NEW! 6 CONSTRUCTION EQUIPMENT ERASER PARTY FAVORS $5.95 |
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310mW Red+Green+Violet Cartoon DMX DJ laser light equipment for stage party $265.00 |
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BARBECUE CHEF Manual Of Parties Recipes Equipment Spievak 1950 3-ring Binder $100.00 |
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CHINESE BLACK GOLD EAGLE FOUNTAIN PEN WRITING EQUIPMENT NEW YEAR BIRTHDAY PARTY $11.77 |
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How to Start a Party Equipment Rental Service Plus Business Plan – MS Word/Excel $15.95 |
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New Fashion Punck Cool Unique Design Party Equipment Nail Ring Boys&Girls 2Color $1.69 |
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New Fashion Punck Cool Unique Design Party Equipment Nail Ring Boys&Girls 2Color $1.69 |
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Brand new 600mW RGB DMX DJ laser light show equipment for party disco club show $315.00 |
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EQUIPMENT PARTY TOOL RENTAL STORE SOFTWARE FOR BUSINESS $995.00 |
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DJ EQUIPMENT CHAUVET DERBY-X LED PARTY LIGHTING EFFECT DERBYX $99.99 |
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2 PCS RGB 15W LED Move head dj light DMX stage party club lighting equipment $336.00 |
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Ultra Bright Multicolor Police Beacon Professional DJ Equipment Party Supplies $47.99 |
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Red Party Police Beacon Variable Speed Quality DJ Equipment Spinning Light $45.99 |
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Black Service Mats Home Party Bar Club Catering Equip $11.95 |
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BLUE Service Mats Home Party Bar Club Catering Equip $11.95 |
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Bar Butler Pump Home Bar Club Party Catering Equipment $19.95 |
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KARAOKE PARTY CLASSICS NEW SEALED CD + G FOR USE ON EQUIPMENT CAPABLE OF CD+ G $4.72 |
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Red Biggie™ Bar Mats Home Party Bar Club Equipment $5.95 |
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Cars 2 Disney License McQueen Party Gift Stationery Equipment Series $3.49 |
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Cars 2 Disney License McQueen Party Gift Stationery Equipment Series $9.49 |
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All-in-One Disco Ball DJ Party Rave Equipment House Trance Mirror Rotating Club $34.99 |
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Tractor Farm Equipment Birthday Party Candy Wrappers Personalized Favors $14.96 |
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Tractor Farm Equipment Birthday Party Candy Wrappers Personalized Favors $18.68 |
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Tractor Farm Equipment Birthday Party Candy Wrappers Personalized Favors $21.60 |
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Tractor Farm Equipment Birthday Party Candy Wrappers Personalized Favors $25.07 |
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Tractor Farm Equipment Birthday Party Candy Wrappers Personalized Favors $34.60 |
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Tractor Farm Equipment Birthday Party Candy Wrappers Personalized Favors $48.43 |
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Tractor Farm Equipment Birthday Party Candy Wrappers Personalized Favors $4.20 |
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Tractor Farm Equipment Birthday Party Candy Wrappers Personalized Favors $8.40 |
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Tractor Farm Equipment Birthday Party Candy Wrappers Personalized Favors $12.39 |
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Tractor Farm Equipment Birthday Party Candy Wrappers Personalized Favors $28.48 |
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Tractor Farm Equipment Birthday Party Candy Wrappers Personalized Favors $32.06 |
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Tractor Farm Equipment Birthday Party Candy Wrappers Personalized Favors $38.05 |
4 Steps to Choosing an Equipment Appraiser for Bankruptcy Proceedings
When your Bankruptcy Attorney requests an equipment appraisal, be sure that the appraisal company you choose meets the four important qualifications of Accreditation, Experience, USPAP Education, and Approval of your Bankruptcy Attorney.
Professional Accreditation
A professional equipment appraiser has the expertise, certification and knowledge to conduct an independent, third-party equipment and machinery appraisal. When you work with an appraiser accredited by the American Society of Appraisers, you can be confident that you’ll receive a summary appraisal report with substantiated and realistic values. Another organization that credentials appraisers is AMEA.
Experience
While you might be tempted to cut corners and use a less experienced appraiser for your bankruptcy appraisal, someone with minimal or no experience in bankruptcies might not prove to be a bargain in the end. Make the wise choice and be sure your equipment appraiser has knowledge and understanding of the bankruptcy process to ensure that you get the best appraisal possible for your situation. Two areas that need to be addressed during a bankruptcy equipment appraisal are Absorption and Level of Trade (aka Premise of Value):
Absorption: In addition, an experienced equipment appraiser will be aware of the possibility of what the IRS calls “blockage,” also commonly referred to as “absorption rate” – a common problem when having to quickly liquidate a high volume of similar equipment, such as a fleet of Peterbilt trucks. I’ll discuss this further in a separate post, but be sure that your equipment appraiser is familiar with this concept, especially if your business has a large inventory of very similar items.
Level of Trade: A bankruptcy appraisal must be calculated based on the correct level of trade or premise of value. Most bankruptcy cases call for Forced Liquidation Value, which can often provide a value lower than Fair Market Value.
USPAP Qualified
Only work with an equipment appraiser who has been trained in and abides by the regulations and ethics of the Uniform Standards of Professional Appraisal Practice (USPAP). Be aware that just because a person claims USPAP compliancy, or a report states that is it USPAP compliant, doesn’t make it so. Check your equipment appraiser’s curriculum vitae / resume to be sure that USPAP classes are up-to-date.
Confirm with your Bankruptcy Attorney
When you’ve found a qualified professional appraiser for your bankruptcy appraisal, take the time to consult with your attorney regarding the scheduling of the appraisal, as well as the asset list (items to be including in the appraisal). It could be a good idea, as well, for your equipment appraiser to have a conversation with your attorney to clarify level of trade, asset list and any details regarding the bankruptcy that may not a little out of the ordinary. In bankruptcy proceedings, communication is critical to producing the most desired results.
In a bankruptcy situation, as in any circumstances when an equipment appraisal is needed, it’s important to work with someone who understands what you need and has experience in providing accurate and unbiased information, clearly presented and adequately documented — in short, the kind of appraisal you’ll need for bankruptcy filing.
About the Author
Jack Young, ASA, CPA, is an Accredited Senior Appraiser (ASA) of the American Society of Appraisers specializing in machinery and equipment and has a Graduate Personal Property Appraiser (GPPA) designation from the National Auctioneers Association. Jack is the Co-Discipline Director of the Machinery and Technical Specialties Committee and a board officer of the Northern California Chapter of the ASA.
For more information on machinery and equipment appraisals, visit NorCal Valuation or <a target=”_new” href=”http://www.norcalvaluation.com/”>Jack’s Blog</a>.
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eurolite Party Equipment #1.mp4