Case Name: In re Bartel James VANDER IEST, Jr., Debtor. Bank of America, N.A., Plaintiff-Appellant, v. Bartel James Vander Iest, Jr., Defendant-Appellee
Court: United States Court of Appeals for the Eleventh Circuit
Jurisdiction: United States
Decision Date: 2014-08-25
Citations: 578 F. App'x 906
Docket Number: No. 14-12406
Parties: In re Bartel James VANDER IEST, Jr., Debtor. Bank of America, N.A., Plaintiff-Appellant, v. Bartel James Vander Iest, Jr., Defendant-Appellee.
Judges: Before WILSON, ROSENBAUM, and COX, Circuit Judges.
Reporter: West's Bankruptcy Reporter
Volume: 519
Pages: 906–907

Head Matter:
In re Bartel James VANDER IEST, Jr., Debtor. Bank of America, N.A., Plaintiff-Appellant, v. Bartel James Vander Iest, Jr., Defendant-Appellee.
No. 14-12406
Non-Argument Calendar.
United States Court of Appeals, Eleventh Circuit.
Aug. 25, 2014.
Before WILSON, ROSENBAUM, and COX, Circuit Judges.

Opinion:
PER CURIAM:
The sole issue on this appeal is whether Section 506(d) of the Bankruptcy Code allows a Chapter 7 debtor to "strip off' a valid junior mortgage lien when the debt secured by the senior lien exceeds the value of the collateral. Appellant, Bank of America, N.A., concedes that our precedent in Folendore v. Small Business Administration, 862 F.2d 1537 (11th Cir.1989), and McNeal v. GMAC Mortgage, LLC, 735 F.3d 1263 (11th Cir.2012), clearly hold that such a lien may be "stripped off." (Appellant's Initial Br. at 4). Consequently, we affirm the judgment of the district court.
AFFIRMED.