Bank of America, N. A. v. Caulkett
Supreme Court of the United States
1Opinion of the CourtJustice Thomas
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Section 506(d) of the Bankruptcy Code allows a debtor to void a lien on his property “[t]o the extent that [the] lien secures a claim against the debtor that is not an allowed secured claim.” 11 U.S.C. § 506(d). These consolidated cases present the question whether a debtor in a Chapter 7 bankruptcy proceeding may void a junior mortgage under § 506(d) when the debt owed on a senior mortgage exceeds the present value of the property. We hold that a debtor may not, and we therefore reverse the judgments of the Court of Appeals.
I
The facts in these consolidated cases áre largely the same. The…
2Cases cited7 opinions
- Desert Palace, Inc. v. CostaSupreme Court of the United States · 2003
- Dewsnup v. TimmSupreme Court of the United States · 1992
- Nobelman v. American Savings BankSupreme Court of the United States · 1993
- Bank of America National Trust & Savings Ass'n v. 203 North LaSalle Street PartnershipSupreme Court of the United States · 1999
- Pasquantino v. United StatesSupreme Court of the United States · 2005
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3Cited by83 opinions
- HSBC Bank USA, National Ass'n v. Blendheim (In Re Blendheim)Court of Appeals for the Ninth Circuit · 2015
- United States v. AtillaCourt of Appeals for the Second Circuit · 2020
- In re: Serge Michel Boukatch and Lori Jean BoukatchUnited States Bankruptcy Appellate Panel for the Ninth Circuit · 2015
- Green Tree Servicing, LLC v. Wilson (In re Wilson)District Court, S.D. New York · 2015
- In re: Michael Paul Free Hak Suk FreeUnited States Bankruptcy Appellate Panel for the Ninth Circuit · 2015
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