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I purchased a oil filter wrench about 15 years ago and it broke a little while back. I went to the same store that it was purchased from and was told that I needed the receipt for the lifetime warranty to be honored. It's nice to know that I have a lot of Craftsman tools and now they are worthless because I don't have a receipt. I think it is fare that when Sears made this policy change that I should be able to return all of my tool for a full refund. Great job Sears!!