FEDERAL LAND BANK OF OMAHA v. BOLLIN

No. 86-1384.

408 N.W.2d 56 (1987)

FEDERAL LAND BANK OF OMAHA, A Corporation, Appellee, v. Michael A. BOLLIN and Kathy L. Bollin, husband and wife, Appellants.

Supreme Court of Iowa.

June 17, 1987.


Attorney(s) appearing for the Case

Steven P. Wandro, Des Moines, Christine M. Luzzie and John L. Brown, Iowa City, and Danny C. Wilmoth, Ottumwa, for appellants.

Gary L. Wiegel, Mount Pleasant, and Thomas P. Lehan, Omaha, Neb., for appellee.

Considered en banc.


LAVORATO, Justice.

Today, in First National Bank v. Matt Bauer Farms Corp., 408 N.W.2d 51, 52 (Iowa 1987), we hold that an automatic stay under 11 U.S.C. section 362 triggered by the filing of a voluntary bankruptcy petition bars, under Iowa Code section 628.4 (1985), a debtor's right to redeem from a real estate foreclosure sale. At issue in the present appeal is whether the parties revived, by agreement, redemption rights...

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