In June, the US Supreme Court decided the case of debtors in bankruptcy desirous of stripping off a lender’s real estate lien that was fully in excess of the fair market value of the real estate. The Supreme Court unanimously...more
7/23/2015
/ Bank of America v. Caulkett ,
Bankruptcy Code ,
Chapter 7 ,
Consumer Lenders ,
Dewsnup ,
Fair Market Value ,
Lien Stripping ,
Mortgage Lenders ,
SCOTUS ,
Secured Debt ,
Underwater Homeowners ,
Unsecured Debt