Can't comment on the overall situation, because we don't have enough information (how much was the fee, how much forebearance had been given by attorney, etc.- there are remedies for such situations, but pretty much need to know all the facts to determine whether the process was fair).
BUT- the technique of asking everybody not to bid is just the opposite of what Farmer should have done- because lawyer has a judgment, and will keep selling stuff until its satisfied- so the MORE he gets per item, the less that has to be sold to pay off the debt. If the old farmer was smart, he would have been out there in the ring, talking up each item and telling how good it is, and encouraging the bidding. I'd be willing to bet that JD would have brought double, had bidders not been made to feel guilty about bidding.
There were a couple of movies about farm foreclosures in the crash of the early 80's, and the low-ball bidding was always part of it. It made no sense- the bank would have bid up to its opinion of value of the item, and then either acquired it, or not- and again, the less that is bid, the more that has to be sold to pay the debt.
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