SCOTUS To Settle Chapter 7 Lien-Stripping Circuit Split - Mondaq New...

12/02/14

SCOTUS To Settle Chapter 7 Lien-Stripping Circuit Split
Mondaq News Alerts (registration)
At issue in these appeals is whether the Bankruptcy Code permits Chapter 7 debtors to "strip-off" wholly out-of-the-money junior mortgages using Section 506(d). This appeal sets out to resolve a 3:1 circuit split caused by the recent McNeal v. GAMC ...
Fifth Circuit narrows meaning of 'value' in good faith lender's fraudulent ...Lexology (registration)

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