Re: Repossed Farm Equipment

Posted by Ken Macfarlane on January 22, 2007 at 07:15:09 from (156.34.142.102):

In Reply to: Re: Repossed Farm Equipment posted by Jon Hagen on January 21, 2007 at 17:53:17:

Well, technically you're helping the farmer out buying his stuff
because unless he went completely bankrupt, he is still responible
for the balance of the loan.

People here think they are so smart running a vehicle into the
ground as soon as they know they can't pay for it. Thats
rediculous, just means they have to pay more since the bank can't
recoup the money.

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