Re: Dealing with farm debt from this year your advice??

Posted by fixerupper on August 25, 2013 at 11:06:55 from (100.42.83.15):

In Reply to: Dealing with farm debt from this year your advice?? posted by jocco on August 25, 2013 at 07:27:26:

The lender can try to go after the landowner is it's a crop share lease. A few years ago we had a neighbor who forged several crop share leases with neighboring landowners without them knowing it and then forged the land owner's names on these leases. He took these forged leases to a bank an hour's drive away and borrowed money for his share of the crop on the acres listed on the fake leases. When he disappeared and didn't pay off the notes the bank went after the landowners who knew NOTHING about this. I took awhile to clear the landowners and a loan officer at that bank isn't working there anymore. Jim

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