Legal Opinion

Equitable Life Assurance Society of the United States v. Anderson

Court of Appeals of Iowa

Decided February 23, 1989No. 88-813Published

1Opinion of the Court

HAYDEN, Judge.

Andersons appeal from a district court judgment rejecting their motion to set aside the judicial sale of their farm. We affirm.

On October 14, 1985, a decree of foreclosure was entered in favor of plaintiff against the Andersons. In April 1986, a special execution was issued by the clerk of court and the sheriff levied on the property. On June 5, 1986, a sheriff’s sale of Andersons’ farm was conducted with Equitable making the high bid on the property. The property was sold en masse but a deficiency still remained on the underlying debt. A sheriff’s deed was issued to Equitable…

2Cases cited4 opinions

  1. Federal Land Bank of Omaha v. ArnoldSupreme Court of Iowa · 1988
  2. Prudential Insurance Co. of America v. WestfallSupreme Court of Iowa · 1935
  3. Arnold v. MurphySupreme Court of Iowa · 1925
  4. First National Bank in Fairfield v. DiersSupreme Court of Iowa · 1988

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