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Day: January 2, 2026

What Happens After Equipment Repossession? Why Many Owners Are Shocked by the Remaining Debt

An example of equipment repossession.

For many business owners, equipment repossession feels like the end of a painful chapter. The truck is gone. The machine is returned. The lender has the collateral back. Surely the debt is over, right? Unfortunately, no. One of the most common and costly misunderstandings we see at PRG is the belief that once equipment is […]

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