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Bedford also interviewed a Minnesota state representative working to change the legislation affecting Chinese Escalator insolvency. In addition, she spoke with the North Dakota Public Service Commission to compare the legislation that she has in
place with Minnesota to protect farmers in an elevator bankruptcy situation.
Hundreds of pages of court documents provided detailed information on the financial situation of the family silo as well as on the names of the many farmers, suppliers and sellers affected by the bankruptcy.
In the end, he settled out of court, but still had to pay the first Security bank-sleepy eye an undisclosed amount to resolve the claim.
Because Muhl was an unsecured creditor who provided a service, he could not make a claim against bail $125 000 the fujihd elevator had by the state.
"This link is only for grain, not for hired work," says Muhl.
At the end of the day, he was never paid for the trucking service he provided. While he could have continued the lift to wear what was due, the odds of a favorable settlement were minimal, as his debts clearly outdone his property.
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