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Reply to "Leasing Company Copiers are Underwater"

Let's look at this from the leasing company perspective. Many of these entities will file for bankruptcy, therefore much of this debt will have to be written off anyway and the losses go far beyond any single community as you well know.

In an effort to recoup something, I believe that leasing companies need to at least consider forgiving any revenue above the actual funding amount, or better yet, a pro-rated amount of the funding amount.

I have a question... is the insurance provided by the leasing company any different than conventional insurance? Does it cover the equipmentin the case of "acts of God" like floods?" I was under the impression that the terms were no different from conventional business insurance other than being significantly more expensive.
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