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 nameBank of America, N.A., Petitioner v. David B. Caulkett
Docket no.13-1421
Citations575 U.S. 790 (more)
135 S. Ct. 1995; 192 L. Ed. 2d 52
ArgumentOral argument
Opinion announcementOpinion 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
MajorityThomas, 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 (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 when the amount of the debt secured by the senior mortgage on that property exceeds the property's current market value.

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