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In re Young

In re Young

Ruling
Homeowners' association's fully unsecured lien could be stripped off.
Procedural posture

The chapter 13 debtor filed a motion to value her residence and to determine the status of a lien held by a homeowner's association (HOA). She contended that the lien should be deemed unsecured pursuant to 11 U.S.C.S. § 506.

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Consumer opinion summary, case decided on November 07, 2012 , LexisNexis #1112-116