Anderson v. Liberty Sav. Bank (In re Anderson)
Dec
13
2012
Ruling
Second mortgage could be stripped off where first mortgage exceeded value of debtor's residence.
Procedural posture
Plaintiff chapter 13 debtor filed an adversary proceeding against defendant bank, seeking a determination that she was allowed to strip off a second mortgage lien the bank held on her residence. The debtor filed a motion for summary judgment on her claim.
ABI Membership is required to access the full summary of Anderson v. Liberty Sav. Bank (In re Anderson) Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member
Court
: