Bank of America N.A. v. Martin Robert Hall

U.S. Court of Appeals for the Eleventh Circuit
Bank of America N.A. v. Martin Robert Hall, 613 F. App'x 904 (11th Cir. 2015)
Cox, Per Curiam, Rosenbaum, Wilson

Bank of America N.A. v. Martin Robert Hall

Opinion

PER CURIAM:

Appellees, Martin and Roberta Hall, are Chapter 7 debtors with three Bank of America mortgages on their house secured by corresponding liens. The first mortgage is fully secured; the second, partially *905 secured; the third, completely unsecured or “underwater.” The Martins obtained from the bankruptcy court an order “stripping off’ Bank of America’s third lien as void under 11 U.S.C. § 506(d). The district court affirmed. Bank of America appealed. Bound by our prior precedent rule, we affirmed.

The Supreme Court granted Bank of America’s petition for writ of certiorari, vacated this court’s judgment, and remanded the case for further proceedings in light of Bank of America, N.A. v. Caulkett, 575 U.S.-, 135 S.Ct. 1995, 192 L.Ed.2d 52 (2015). Under Caulkett, § 506(d) does not permit the bankruptcy court to strip off the underwater third lien.

Following the issuance of Caulkett, Bank of America filed a motion for summary reversal in this court. We deny that motion by separate order. We vacate the judgment of the district court and remand this case to the district court for further proceedings consistent with this opinion and Caulkett.

VACATED AND REMANDED.

Reference

Full Case Name
In Re Martin Robert HALL, Roberta D. Hall, Debtors. Bank of America, N.A., Plaintiff-Appellant, v. Martin Robert Hall, Roberta D. Hall, A.K.A. Roberta Schimpf Hall, Defendants-Appellees
Status
Unpublished