1. Home
  2. Browse Decisions
  3. N.E.2d
  4. 496 N.E.2d
  5. 496 N.E.2d 63 (1986)
 

ARNOLD v. MELVIN R. HALL, INC.

No. 60S01-8608-CV-720.

496 N.E.2d 63 (1986)

Venice L. ARNOLD and Lois M. Arnold, Appellants (Defendants below), v. MELVIN R. HALL, INC., Appellee (Plaintiff below).

Supreme Court of Indiana.

August 7, 1986.

Attorney(s) appearing for the Case

John J. Fuhs, Petri & Fuhs, Spencer, for appellants.

George B. Mathes, Spencer, for appellee.

Thomas W. Dinwiddie, Theresa C. Williams, Wooden McLaughlin & Sterner, Indianapolis, for amicus curiae Indiana Mortgage Bankers.

Stephen A. Claffey, Steven L. Householder, Baker and Daniels, Indianapolis, for amicus curiae The Federal Land Bank of Louisville and The Federal Intermediate Credit Bank of Louisville.

Theodore J. Nowacki, David R. Day, Bose, McKinney and Evans, Indianapolis, for amicus curiae Indiana League of Savings Institutions.

Donald F. Elliott, Jr., Ice, Miller, Donadio and Ryan, Indianapolis, for amicus curiae The Indiana Bankers Assn.

SHEPARD, Justice.

The question presented is whether a contract seller who forecloses on his contract can obtain a deficiency judgment if he buys the property at a foreclosure sale for less than the amount still due on the contract without providing the trial court proof that the property is worth less than the amount due at the time of sale.

In December 1981 appellants Venice L. and Lois M. Arnold executed a contract for the sale of real estate and personal...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases