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Bank of America, N.A. v. Bello

Petition granted, judgment vacated and case remanded for further consideration in light of Bank of America, N. A. v. Caulkett on June 8, 2015.

Docket No.14-235
Op. Below11th Cir.

Issue

Whether, under Section 506(d) of the Bankruptcy Code, which provides that "[t]o the extent that a lien secures a claim against the debtor that is not an allowed secured claim, such lien is void," a chapter 7 debtor may "strip off" a junior mortgage lien in its entirety when the outstanding debt owed to a senior lienholder exceeds the current value of the collateral.

Proceedings & orders timeline

Aug 27, 2014
Petition for a writ of certiorari filed. (Response due September 29, 2014)
Oct 15, 2014
DISTRIBUTED for Conference of October 31, 2014.
Oct 17, 2014
Response Requested . (Due November 17, 2014)
Nov 5, 2014
Brief of respondent Dayo Bello in opposition filed.
Nov 7, 2014
Reply of petitioner Bank of America, N.A. filed.
Nov 10, 2014
DISTRIBUTED for Conference of November 25, 2014.
Jun 1, 2015
DISTRIBUTED for Conference of June 4, 2015.
Jun 8, 2015
Petition GRANTED. Judgment VACATED and case REMANDED for further consideration in light of Bank of America, N. A. v. Caulkett, 575 U. S. ___ (2015).
Jul 10, 2015
JUDGMENT ISSUED.

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