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Re: Repossed Farm Equipment
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Posted by cadet trooper on January 22, 2007 at 16:47:10 from (69.221.220.143):
In Reply to: Repossed Farm Equipment posted by DeerTrax on January 21, 2007 at 14:45:09:
Guys, you all have good points so many things can affect the financial situation of farm operations, health, weather and bad management blah, blah. I was involved with a person that got farms ready for liquidation auctions. The thing is most banks let farmers go too long and get too many more debts accrued before they shut them down mainly I'm sure because of the way business is slow to react not because they are sympathic to the cause. All too often most farm operations just do what it takes to live day to day waiting for the sheriff to show up with the papers to be served, been there done that.IT'S SAD! CT
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