Legal Opinion
Malone v. Citibank NA ex rel. SACO 1 Trust 2006-7 (In re Malone)
United States Bankruptcy Court, N.D. Georgia
Decided March 28, 2013No. 12-61289-MGDPublishedCited by 5 opinions
1Opinion of the Court
ORDER GRANTING DEBTOR’S MOTION TO DETERMINE SECURED STATUS OF CLAIM
MARY GRACE DIEHL, Bankruptcy Judge.
This case presents the legal question of whether section 506 of the Bankruptcy Code permits a chapter 7 debtor to “strip off’ a junior mortgage lien where the value of the real property is less than the amount of debt securing the senior lien. This action is complicated by the recent unpublished decision entered by the Eleventh Circuit. In re McNeal, 477 Fed.Appx. 562 (11th Cir.2012). Irrespective of the unpublished nature of the McNeal opinion, this court gives great weight and deference to…
2Cases cited22 opinions
- Butner v. United StatesSupreme Court of the United States · 1979
- Immigration & Naturalization Service v. Cardoza-FonsecaSupreme Court of the United States · 1987
- Dewsnup v. TimmSupreme Court of the United States · 1992
- Johnson v. Home State BankSupreme Court of the United States · 1991
- Nobelman v. American Savings BankSupreme Court of the United States · 1993
17 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- In re McAllisterUnited States Bankruptcy Court, N.D. Georgia · 2014
- Cole v. Fifth Third Bank, Inc. (In re Cole)United States Bankruptcy Court, N.D. Georgia · 2014
- Perkins v. Champagne (In re International Management Associates, LLC)United States Bankruptcy Court, N.D. Georgia · 2013
- Campbell v. Marshall & Ilsley Bank (In re Campbell)United States Bankruptcy Court, N.D. Georgia · 2013
- VADIM CHEPOVETSKY v. LOUIS CIVELLO, JR. (C-000008-19, MIDDLESEX COUNTY AND STATEWIDE)New Jersey Superior Court Appellate Division · 2022