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Old 04-26-2007, 07:19 PM   #93
munkey munkey is offline
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Join Date: Aug 2001
Location: Bend Oregon
Casino cash: $44405
Quote:
Originally Posted by Skip Towne
A banker once told me if he gets a repo he is legal to sell it for what he can get and the owner still owes the difference between the sale price and the note value. And the banker doesn't have to try hard to get top dollar.

Very true...BUT the judgement for the difference has no collateral...so what ever.
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