M&I Marshall & Ilsley Bank v. KAZIM INVESTMENT, INC.

¶ 1. Resnant Properties Limited Partnership appeals from the circuit court order setting aside a sheriffs sale. Resnant argues that, under Wis. Stat. § 846.13 (2001-02), 1 the court had no authority to accept a "Plan of Redemption," rather than full payment for redemption, and that, in doing so, the court violated its right to confirmation of its purchase of the property at the sheriffs sale. Resnant is correct and, therefore, we reverse.

I. BACKGROUND

¶ 2. The facts are undisputed. M&I Marshall & Ilsley Bank brought an action to foreclose on an apartment building that had become a public…