I can guarantee you the bank don't give a chit what happens to her so long as they get theirs. Meaning if the machinery is held as collateral, they'll sell it all for 10 cents on the dollar if she turns it over to them and they'll still come after her for the balance. If she turns it over to them, they certainly won't be taking the time and effort to sell anything for the best price they can find or a fair market value. Your better off to notify the bank that your selling said collateral, then put the money on the loan when you get it sold. Otherwise she's just giving away any equity he's worked for.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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