Posted 6/26/2012 00:14 (#2450215 - in reply to #2450192) Subject: Re: Forbearance on mortgage to pay off ttactor
paul the original - 6/25/2012 10:59
You owe X amount of money.
Doesn't matter if either asset blows up or washes away. If you have a drought or flood, you still need to make the land payments. If the tractor falls apart, you still need to make the payments. Pick up the pieces, and try again next year. Gotta make the payments on both either way.