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Re: Repossed Farm Equipment
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Posted by Hard Knocks on January 22, 2007 at 03:43:42 from (71.2.160.70):
In Reply to: Re: Repossed Farm Equipment posted by Michael Soldan on January 21, 2007 at 17:56:34:
So what is a bank supposed to do just let everyone not pay their loan that can't make payments? A bank or any lender has an obligation to recoup a much of their money from deadbeat lenders as they can so they can be there to help their paying customers/depositers and shareholders.If I lend you money I expect to be repaid or if I borrow I expect to pay the loan back.As far as repo equipment just check it out like you would any other piece of used equipment.
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The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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