Ex-Ramtha School of Enlightenment student Virginia Coverdale may have to give up her car to settle a judgment against her after she lost a lawsuit this summer against JZK, Inc.
JZK, Inc. took …
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Ex-Ramtha School of Enlightenment student Virginia Coverdale may have to give up her car to settle a judgment against her after she lost a lawsuit this summer against JZK, Inc.
JZK, Inc. took Coverdale to court in an effort to compel her to turn over her vehicle, a 2004 Nissan Xterra XE with 86,000 miles, so it could be sold at auction to help satisfy Coverdale’s debt to the company.
Coverdale’s lawyer, Breckan Scott, argued in court documents the value of the vehicle was under $3,250, the amount exempted for personal vehicles under state law. She cited values culled from several websites, including one from the popular valuation website Kelley Blue Book.
JZK, Inc. lawyer Jeff Grant argued in court documents he was unable to reproduce the value on Kelley Blue Book or other sources. Using the same information, the value was over the limit, he said.
But those valuations are irrelevant, he argued. The value should be determined at auction, he said.
Judge Gary Tabor said neither online valuations or auctions were prescribed under the law.
Tabor said the statute states two appraisals of the vehicle should be conducted by two disinterested persons. In the meantime, Coverdale will retain possession of the vehicle, he said.
If the appraisals contradict each other — in this case, if one appraiser’s valuation is below the threshold, and the others’ is above it — then a third appraiser, chosen by the first two appraisers, will determine the vehicle’s estimated value.
Tabor gave each party two weeks to complete an appraisal of the vehicle.