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.
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.
Date | Proceedings and Orders |
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08/27/2014 | Petition for a writ of certiorari filed. (Response due September 29, 2014) |
10/15/2014 | DISTRIBUTED for Conference of October 31, 2014. |
10/17/2014 | Response Requested . (Due November 17, 2014) |
11/05/2014 | Brief of respondent Dayo Bello in opposition filed. |
11/07/2014 | Reply of petitioner Bank of America, N.A. filed. |
11/10/2014 | DISTRIBUTED for Conference of November 25, 2014. |
06/01/2015 | DISTRIBUTED for Conference of June 4, 2015. |
06/08/2015 | Petition GRANTED. Judgment VACATED and case REMANDED for further consideration in light of Bank of America, N. A. v. Caulkett, 575 U. S. ___ (2015). |
07/10/2015 | JUDGMENT ISSUED. |