Not that it always happens this way but that is the reason Farm Credit or the local ag bank tries not letting things get that far. When the loan committee decides that they have had enough they pressure the borrower to have a "retirement" sale where everybody gets to save face. Usually the pressure comes in the form of letting the borrower know that various loans will not be renewed or in some cases the loan is called in.
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Today's Featured Article - A Farmall Restoration Story - What's Been Done So Far - by Sean Brinston. This is a story of my first real tractor restoration. My name is Sean Brinston and I was 15 almost 16 at the time of this.My neighbour directly across the road who I had helped with hay all the time had this tractor sitiing at his house for what I thought was 6 years. Finally I got the money and courage to ask him. I phoned him and he said it was already sold, eight years ago!
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