No way to avoid the "lookback" legally, as far as I know. Could be like the cartoon of the lawyer looking at a sheaf of papers, then looking at the client across the desk and declaring, "I think your loophole has become a noose."
Or maybe the "special account" was like what a lawyer for one of my PCA loan customers was talking about- we were about to sieze his cattle, and the lawyer advised him to sell everything, convert it to cash, and bring it to the lawyers office in grocery sacks for safekeeping. The guy did so, and the lawyer skipped with the money. The farmer and PCA became unlikely co-plaintiffs in a lawsuit against the lawyer. We didn't get much of the money back, but we did get the guy disbarred.
Just use their money for their care, and don't try to foist it off on the taxpayers.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Box Plow Blues - by Tom Schwarz. One of the first implements most tractor owners obtain is the box plow. For very little money, this piece of equipment promises to plow and flatten any hill or vale on your ranch road or farm. At least that's what I thought! As simple as a box plow appears, it can be rather challenging to make work correctly. In our sandy soils of Florida, traction is king. You can never have wide enough tires or heavy enough weights to get all the traction you want … unless you own a monster tractor. U
... [Read Article]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.