United States Fourth Circuit

Because the Supreme Court's reasoning in Dewsnup v. Timm, 502 U.S. 410 (1992), is equally applicable to "strip offs" as to "strip downs", a debtor may not strip off an unsecured but allowed lien pursuant to 11 USC 506(d).

Appellate Information

• Argued 04/02/2001
• Decided 06/01/2001
• Published 06/01/2001

Judges

• Before LUTTIG and TRAXLER, Circuit Judges, and THORNBURG, United States District Judge for the Western District of North Carolina, sitting by designation.

Court

• United States Fourth Circuit

Counsel

• For Appellees:
  
• ARGUED:  Alan David Eisler, Paley, Rothman, Goldstein, Rosenberg & Cooper, CHTD., Bethesda, MD, for Appellants. Michael Thomas Cantrell, Friedman & MacFadyen, P.A., Baltimore, MD, for Appellees.   ON BRIEF:  Wendelin I. Lipp, Paley, Rothman, Goldstein, Rosenberg & Cooper, CHTD., Bethesda, MD, for Appellants.