Legal Opinion

Bank of America, N. A. v. Caulkett

Supreme Court of the United States

Decided June 1, 2015No. 13-1421PublishedCited by 83 opinions

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

  1. Desert Palace, Inc. v. CostaSupreme Court of the United States · 2003
  2. Dewsnup v. TimmSupreme Court of the United States · 1992
  3. Nobelman v. American Savings BankSupreme Court of the United States · 1993
  4. Bank of America National Trust & Savings Ass'n v. 203 North LaSalle Street PartnershipSupreme Court of the United States · 1999
  5. Pasquantino v. United StatesSupreme Court of the United States · 2005

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3Cited by83 opinions

  1. HSBC Bank USA, National Ass'n v. Blendheim (In Re Blendheim)Court of Appeals for the Ninth Circuit · 2015
  2. United States v. AtillaCourt of Appeals for the Second Circuit · 2020
  3. In re: Serge Michel Boukatch and Lori Jean BoukatchUnited States Bankruptcy Appellate Panel for the Ninth Circuit · 2015
  4. Green Tree Servicing, LLC v. Wilson (In re Wilson)District Court, S.D. New York · 2015
  5. In re: Michael Paul Free Hak Suk FreeUnited States Bankruptcy Appellate Panel for the Ninth Circuit · 2015

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