Skip to main content

Minnesota Hous. Fin. Agency v. Schmidt (In re Schmidt)

Minnesota Hous. Fin. Agency v. Schmidt (In re Schmidt)

Ruling
Chapter 13 plan reclassifying third mortgage claim as unsecured and avoidable affirmed.
Issue(s)
Whether the debtor could strip off a third mortgage that is secured only by the debtor's principal residence and the value of the residence is insufficient to make whole the holders of the first and second mortgages?

ABI Membership is required to access the full summary of Minnesota Hous. Fin. Agency v. Schmidt (In re Schmidt) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Court :
Judge or Jurisdiction information not available
Consumer opinion summary, case decided on August 28, 2014 , LexisNexis #0914-131