Bank of America, N. A. v. Caulkett

Bank of America, N. A. v. Caulkett
Supreme Court of the United States
Argued March 24, 2015 Decided June 1, 2015
Full case name	Bank of America, N. A., Petitioner v. David B. Caulkett
Docket no.	13-1421
Citations	575 U.S. 790 (more) 135 S. Ct. 1995; 192 L. Ed. 2d 52
Argument	Oral argument
Opinion announcement	Opinion announcement
Case history
Prior	Bank of Am., N.A. v. Caulkett, No. 6:14-cv-78-ORL-31, 2014 WL 7175386 (M.D. Fla. Feb. 14, 2014); affirmed sub nom., In re Caulkett, 566 F. App'x 879 (11th Cir. 2014); cert. granted, Bank of Am., N.A. v. Caulkett, 135 S. Ct. 674 (2014). Bank of America, N.A. v. Toledo-Cardona, 556 F. App'x 911 (11th Cir. 2014); cert. granted, 135 S. Ct. 677 (2014)
Holding
Section 506(d) of the Bankruptcy Code does not allow a Chapter 7 debtor to void a junior mortgage on the debtor's property when the amount of the debt secured by the senior mortgage on that property exceeds the property's current market value.
Court membership
Chief Justice John Roberts Associate Justices Antonin Scalia · Anthony Kennedy Clarence Thomas · Ruth Bader Ginsburg Stephen Breyer · Samuel Alito Sonia Sotomayor · Elena Kagan
Case opinion
Majority	Thomas, joined by Roberts, Scalia, Ginsburg, Alito, Kagan; Kennedy, Breyer, Sotomayor (except footnote)
Laws applied
11 U.S.C. § 506

Bank of America, N. A. v. Caulkett, 575 U.S. 790, 135 S. Ct. 1995 (2015), is a bankruptcy law case decided by the Supreme Court of the United States on June 1, 2015. In Caulkett, the Court held that 11 U.S.C. § 506(d) does not permit a Chapter 7 debtor to void a junior mortgage on the debtor's property^[i] when the amount of the debt secured by the senior mortgage on that property exceeds the property's current market value.^[1][2]

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