As reported by Robin Miller of CBAR: A dream is over, as today in Bank of America, N. A. v. Caulkett, Case No. 13-1421 (June 1, 2015) the Supreme Court disallowed the stripping of wholly-unsecured liens in Chapter 7 cases. The court reasoned that, while a “straightforward reading” of Code § 506(a) and § 506(d) favored…

