Posted 6/25/2012 23:20 (#2450095 - in reply to #2450068) Subject: Re: Forbearance on mortgage to pay off ttactor
Embarrass WI
The way I see it, is you owe somebody money. You should pay it back. Makes no difference what the security for the loan is. Or if there is no security-you still owe the money.
Make your regular payments for sure, to maintain a credit rating.
Or sell the tractor and pay off that loan before it depreciates more.