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Chapter 7 Debtors May Not Void a Junior Mortgage

The United States Supreme Court, in Bank of America v. Caulkett, recently held that a debtor in a Chapter 7 bankruptcy proceeding may not void a junior mortgage where the debt owed on a senior mortgage exceeds the present value of the property. The Caulkett decision...

Illinois Approves Claims between Unmarried Couples

In Blumenthal v. Brewer, the Appellate Court of Illinois, First District, recently held that a domestic partner has the right to bring a claim of implied contract based on non-marital cohabitation against the other domestic partner. 2014 IL App (1st) 132250. In...
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