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U.S. v. EINUM

No. 92-3595.

992 F.2d 761 (1993)

UNITED STATES of America, Plaintiff-Appellee, v. John L. EINUM and Joann F. Einum, Defendants-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided May 10, 1993.

Attorney(s) appearing for the Case

Jean-Marie Reilly, Office of the U.S. Atty., Madison, WI, (argued), for plaintiff-appellee.

Mark Bromley, Kinney, Urban, Schrader, Bromley, Kussmaul & Soman, Lancaster, WI, (argued), for defendants-appellants.

Before EASTERBROOK and KANNE, Circuit Judges, and ENGEL, Senior Circuit Judge.

EASTERBROOK, Circuit Judge.

John and Joann Einum borrowed some $150,000 from the Farmers Home Administration. The debt was secured by a mortgage on their farm in Wisconsin. They have not repaid. After the FmHA commenced foreclosure proceedings the Einums admitted that the agency was entitled to this relief — eventually. They asked the court to delay the sale for one year, corresponding to the "redemption" period that Wisconsin affords borrowers before a lender...

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