Posted by haley on January 19, 2013 at 03:11:11 from (69.160.178.248):
As some of you know my father lost out in farming and went belly up in 2011.He lost his land to the local bank which they sold and collected what he owed them.He also owed another bank(not local)a chunk of money on equipment and operating loans that he couldn't pay.One of the pieces of equipment on this loan is the 9700 Ford tractor that my grandaddy bought new in 1977.It is sitting in a friends field with a rod hanging out the block.The tractor is far from perfect but it was my grandaddys and I would like to try to buy it.Heres the problem,In 2011 my father called the bank to let them know he couldn't pay and they may want to come get the equipment to sell to pay part of the loan back because he was probably going to have to file bankrupcy.I thought they would come get the tractor and maybe I could buy it from them or from an auction they take it to but so far that hasn't happened.To this day he hasn't heard one word from this bank and the tractor sits in the field just wasting away while I wait on thier next move.I don't really want to be the first to contact them because I don't want to re stir the fire for my father(He has been through enough already)but I hate to see the tractor just waste away.How long do I wait.Recon they wrote it off?What would you do?
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Today's Featured Article - Restoration Story: 1951 Farmall H - by The Red (John Fritz). I have been a collector of Farmall tractors since 1990 when I first obtained part of the family farm in Eastern Indiana. My current collection includes a 1938 F20, 1945 H, 1946 H, and the recently purchased 1951 H. This article will focus on what I encountered and what I did to bring the 1951 NEAR DEATH Farmall H back to life.
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