Debtors Can't Void Underwater Mortgages In Bankruptcy, Supreme ...

Debtors Can't Void Underwater Mortgages In Bankruptcy, Supreme Court Rules
Forbes
The U.S. Supreme Court reversed a lower-court decision allowing debtors to “strip off” underwater second liens in Chapter 7 bankruptcy, saying precedent required it to keep such mortgage claims intact. Justice Clarence Thomas, caught between his usual ...
Supreme Court rejects 2nd lien stripping in Chapter 7 bankruptciesHousingWire
High Court: Underwater Homeowners Can't Void Second Mortgage in BankruptcyWall Street Journal
Supreme Court hands defeat to struggling homeownersMarketWatch
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