Posted 3/20/2019 12:55 (#7391120 - in reply to #7390675) Subject: RE: Brandon,.....
Illinois
Unfortunately, a common occurance in a debt situation that is headed south is that collateral seems to disappear. A bank would sell out livestock first, because that is the most likely type of collateral to disappear or otherwise lose value. A broke farmer may have a tough time keeping livestock fed and healthy.
Plainville Livestock Kansas files bankruptcy
