I can understand completely and would not of bid knowing the situation , BUT one must realize that in filing bankruptcy the farmer more than likely got out of paying someone he owed or lots of people he owed money to. May have been lots more than the value of all his tractors put together. Who knows the complete story? In bankruptcy , someone is gonna lose! How much did he owe? Lots of unknowns here. Can't expect total strangers at the sale to have much sympathy either. Who knows, he may have walked away from a $200,000 debt just for giving up $50,000 of assets. Who knows. I feel sorry for him but maybe he just let this thing go too many years. Ya got ta know when to hold and know when to fold. Sad deal all around.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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