Legal Opinion
Berrouet v. BAC Home Loan Servicing (In Re Berrouet)
United States Bankruptcy Court, N.D. Georgia
Decided March 26, 2012No. 14-43096PublishedCited by 7 opinions
1Opinion of the Court
ORDER DENYING DEBTOR’S MOTION TO DETERMINE SECURED STATUS OF BAC HOME LOAN SERVICING AND TO STRIP LIEN EFFECTIVE UPON DISCHARGE
MARY GRACE DIEHL, Bankruptcy Judge.
Given the widespread declining value of homes, this case presents what may be an increasingly common question of whether a debtor may strip a wholly unsecured second mortgage post-confirmation where the confirmed plan treats the second mortgage claim as secured and cures the arrears over the life of the plan.
I. FACTS AND PROCEDURAL POSTURE
Debtor filed this Chapter 13 ease on March 15, 2011. Debtor’s statement of financial affairs and…
2Cases cited6 opinions
- United Student Aid Funds, Inc. v. EspinosaSupreme Court of the United States · 2010
- Nobelman v. American Savings BankSupreme Court of the United States · 1993
- In Re: Pamela L. Tanner, Debtor. Pamela L. Tanner v. Firstplus Financial, Inc., F.K.A. Remodelers National FundingCourt of Appeals for the First Circuit · 2000
- Ford Motor Credit Co. v. Bankruptcy Estate of ParmenterCourt of Appeals for the Sixth Circuit · 2008
- In Re CruzUnited States Bankruptcy Court, D. New Jersey · 2000
1 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Beam v. Chase Home Finance, LLC (In re Beam)United States Bankruptcy Court, N.D. Georgia · 2014
- Atkins v. Bank of America, N.A. (In re Atkins)United States Bankruptcy Court, D. Minnesota · 2013
- In re HadfegUnited States Bankruptcy Court, S.D. Florida. · 2018
- In re MoncreeUnited States Bankruptcy Court, E.D. Wisconsin · 2014
- Williams v. M. Bruenger & Co. (In re Brannan)United States Bankruptcy Court, D. Kansas · 2015
2 more not listed; retrieve them via the Exa API.