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Old 08-25-2010
k1vsk k1vsk is offline
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Originally Posted by mpdan View Post
I am wanting to purchase a new Jeanneau from Bay Yacht agency. I have found a post indicating a prior bankruptcy filing. If I send them a deposit, how do I know I am going to really get a new boat?
You don't! One prior Chapter 7/11 filing isn't necessarily an omen of things to come but to protect yourself from a recurrence, put the deposit in escrow so your money is protected.
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