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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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