Sec. 3. Upon prior petition of the debtor, any creditor involved in the execution proceedings, or, in the case of a partition action, any party having an interest in the property, the court in its order of execution shall order the property sold by the sheriff through the services of an auctioneer if the court determines that:
(1) a sale is economically feasible; or
(2) all the creditors in the proceedings agree to both that method of sale and the compensation to be paid the auctioneer.
[Pre-1998 Recodification Citation: 34-1-39-1.5(b) part.]
As added by P.L.1-1998, SEC.51. Amended by P.L.94-2014, SEC.8.
Structure Indiana Code
Title 34. Civil Law and Procedure
Article 55. Execution of Judgments
Chapter 6. Sale of Property on Execution
34-55-6-1. Real Estate; Rents and Profits to Be First Offered for Sale
34-55-6-4. Auctioneer's Conduct; Advertising
34-55-6-5. Auctioneer's Fee and Expenses
34-55-6-6. Sale of Rents and Profits
34-55-6-7. Rents and Profits; Maximum Term of Lease
34-55-6-8. Real Estate; Sale at Public Auction
34-55-6-9. Real Estate; Notice and Requirements for Sale
34-55-6-10. Personal Property; Notice Requirements for Sale
34-55-6-11. Personal Property; Sale at Public Auction
34-55-6-12. Insufficient Levy; Further Levy and Sale
34-55-6-13. Unsatisfied Execution; Issuance of New Execution
34-55-6-14. Real Estate; Sheriff's Deed
34-55-6-15. Real Estate; Conveyance of Land to Heirs or Devisees of Deceased Purchaser
34-55-6-16. Procedural Violations by Sheriff; Penalties
34-55-6-17. Purchase of Property by Sheriff or Deputies; Sale Void
34-55-6-18. Failure of Purchaser to Pay for Property; Damages
34-55-6-19. Failure of Purchaser to Pay for Property; Resale of Property; Damages