The third lien on debtor's residence was devoid of equity and wholly unsecured under 11 U.S.C. ยง 506(a) and could be stripped off in her Chapter 13 case. The lender did not demonstrate the existence of any factual issue, as it did not respond to the motion.
Date:
Wednesday, October 22, 2008
Judge:
Judge Timothy J. Mahoney (Retired)