In re Plouffe
N/AOUTCOME: Second Mortgage was avoided
The first case in the nation which was decided after Dewsnip. This case involved a second mortgage which was completely unsecured and the question was whether 11USC 506(d) could be used to avoid the se ... cond mortgage. Judge Krechevsky ruled in favor of the debtor whom I represented and most of the subsequent cases in all jurisdictions followed this case.
