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Posted by Steele in Minnesota on July 02, 2009 at 06:15:01:
In Reply to: Need information posted by Melissa Martin on July 01, 2009 at 14:55:11:
The wording from the bank will make all the difference. You want words to the effect that this is payment in full. Otherwise don't presume that the bank will not come after you for the difference if allowed in your area.
Do you have help on this?