Debtors urge high court to reject BofA's lien-stripping challenge (U.S.) | Secondary Sources | Westlaw

Debtors urge high court to reject BofA's lien-stripping challenge (U.S.) | Secondary Sources | Westlaw

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Debtors urge high court to reject BofA's lien-stripping challenge (U.S.)

2015 BKRDBRF 2562By Michael NordskogWESTLAW Bankruptcy Daily Briefing (Approx. 3 pages)

Debtors urge high court to reject BofA's lien-stripping challenge (U.S.)

2015 BKRDBRF 2562By Michael NordskogWESTLAW Bankruptcy Daily Briefing (Approx. 3 pages)

Debtors urge high court to reject BofA's lien-stripping challenge (U.S.)

(February 24, 2015) - Chapter 7 debtors should be allowed to strip off junior mortgage liens through bankruptcy when the senior debt exceeds the properties' value, two debtors argue in their U.S. Supreme Court brief countering Bank of America's...

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Article: BofA urges high court to reject lien-stripping in underwater cases 2015 BKRDBRF 2519
Date: January 16, 2015
The 11th Circuit incorrectly held that Chapter 7 debtors are allowed to strip off junior mortgage liens when the senior debt exceeds the properties' value, Bank of America argues in a U.S. Supreme Court brief in an appeal of two cases.
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