High Court: Underwater Homeowners Can't Void Second Mortgage in...

06/01/15


JURIST

High Court: Underwater Homeowners Can't Void Second Mortgage in Bankruptcy
Wall Street Journal
In a win for banks, the U.S.'s top court Monday ruled that underwater homeowners can't get rid of a second mortgage by filing for bankruptcy protection. All nine Supreme Court justices agreed that filing for chapter 7 bankruptcy protection doesn't give ...
Justices Curb Bankruptcy Filers' Ability to Have Second Mortgages CanceledNew York Times
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Supreme Court rules in bankruptcy caseJURIST
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