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Strict Foreclosure On Agricultural Equipment Extinguishes Junior Lien Even In Absence Of Notice

LexisNexis (October 20, 2016, 9:29 AM EDT) -- A handy option to holding a foreclosure sale is to retain the collateral in satisfaction of the debt, as authorized by UCC 9-620 through 9-622.  This "strict foreclosure" approach has historical...
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