Hobl v. Lord

Richard Hobl, the successful bidder at the sheriffs sale, appeals an order in a real estate mortgage foreclosure action denying the motion for confirmation of the sheriffs sale and allowing Donald Lord, the bankrupt mortgagor,1 to redeem his farm by paying *16to the mortgagee, Farm Credit Bank of Saint Paul, the property's fair value rather than the amount of the pre-bankruptcy judgment. We hold that the term "judgment" in sec. 846.13, Stats., means that part of the mortgage foreclosure judgment that survives bankruptcy proceedings.2 Consequently, because Lord's personal liability for his debt…