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The Demise Of Lien-Stripping Junior Security Deeds In GA In Chapter 7

As of June 1, 2015, the good news is the long wait is over. The bad news is the U.S. Supreme Court (“the Supremes”) ruled against the lien-stripping of junior security deeds in Chapter 7 cases.  Bank of America, N.A. v. Caulkett  (June 1, 2015). In so ruling, the Court relied on the same “term-by-term” reading Read More

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