United States v. Buchman, 646 F.3d 409 (7th Cir. 2011)

(defendant defaulted on FSA loans and plaintiff sued to foreclose mortgages on land that served as collateral for the loans; default judgment for plaintiff entered; defendant filed bankruptcy on day before property to be auctioned off, but couldn't propose plan for paying off debt and bankruptcy court lifted automatic stay so that sale could proceed; parcels brought $322,000 at sale - insufficient amount to allow debtor to pay off debt in full; plaintiff sought to set sale aside on basis that price was inadequate; motion denied, as was debtor's motion to redeem parcels because debtor had waited too long; deficiency judgment entered for unpaid portion of loans (plus interest); only issue on appeal was selling price of property and defendant submitted appraisals indicating that property worth $513,000; trial court's order confirming sale affirmed - appraisals of doubtful value).