U.S. Supreme Court Rejects Chapter 7 Debtor’s Stripping of Junior Liens By Fox Rothschild LLP on June 2, 2015 Holding: A debtor in a Chapter 7 bankruptcy proceeding may not void a junior mortgage lien under § 506(d) when the debt owed on a senior mortgage lien exceeds… Continue Reading U.S. Supreme Court Rejects Chapter 7 Debtor’s Stripping of Junior Liens
