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Chism v. Bank of Am. (In re Chism)

Chism v. Bank of Am. (In re Chism)

Ruling
Wholly secured junior mortgage was subject to strip off.
Procedural posture

Plaintiff Chapter 13 debtor filed a complaint against defendant, the holder of a second mortgage lien on debtor's real property, pursuant to 11 U.S.C.S. § 506(a) and Fed. R. Bankr. P. 3012, to determine the validity of the holder's lien.

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Consumer opinion summary, case decided on October 14, 2011 , LexisNexis #1111-077