Supreme Court Says Underwater Junior Liens Survive Bankruptcy - Mond...

06/09/15

Supreme Court Says Underwater Junior Liens Survive Bankruptcy
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On March 30, we reported on two cases pending before the U.S. Supreme Court: Bank of America v. Caulkett1and Bank of America v. Toledo-Cardona2. Each involved chapter 7 bankruptcy cases in which the debtors had no equity in their homes because the ...