Upon confirmation of the report of sale, the court administrator shall enter satisfaction of the judgment to the extent of the sum bid for the premises, less expenses and costs. The amount entered is full satisfaction of the judgment unless a deficiency is allowed under section 582.30. If a deficiency judgment is allowed under section 582.30, the balance of the judgment remaining unpaid may be executed and satisfied in the same manner as a personal judgment against the mortgagor.
Notes of Decisions
Gate City Fed. Sav. & Loan Ass'n v. O'Connor, 410 N.W.2d 448 (Minn. Ct. App. 1987).
· cites it 2× “64 plus interest upon which a deficiency judgment would be entered pursuant to Minn.Stat. §§ 581.09, 582.30 (1986). The O’Connors now appeal, arguing that North Dakota law should apply to the deficiency, not Minnesota law.”
Geneva JPM 2003-pm1, LLC v. Geneva FSCX I, LLC, 843 N.W.2d 263 (Minn. Ct. App. 2014).
· cites it 4× “See Minn.Stat. § 581.09 (2012) (requiring entry of satisfaction of the foreclosure judgment to the extent of the bid for the premises less expenses and costs); Black’s Law Dictionary 487 (9th ed.”
In re Landmark, 48 B.R. 626 (Bankr. D. Minn. 1985).
“§ 581.09. The mere commencement of a judicial foreclosure would violate the permanent injunction under 11 U.”
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