Bank of America, N.A. v. Angelle Glaspie

Filing

Opinion issued by court as to Appellant Bank of America, N.A.. Decision: Affirmed. Opinion type: Non-Published. Opinion method: Per Curiam.

Case: 14-13373

Date Filed: 10/29/2014

Page: 1 of 2

[DO NOT PUBLISH]
IN THE UNITED STATES COURT OF APPEALS
FOR THE ELEVENTH CIRCUIT
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No. 14-13373
Non-Argument Calendar
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D.C. Docket Nos. 1:14-cv-00743-JEC; 13-bkc-69958-CRM
In Re: ANGELLE CLAUDETTE GLASPIE,
Debtor.
________________________________________________________________
BANK OF AMERICA, N.A.
Plaintiff-Appellant,
versus
ANGELLE CLAUDETTE GLASPIE,
Defendant-Appellee.
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Appeal from the United States District Court
for the Northern District of Georgia
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(October 29, 2014)

Before MARCUS, WILLIAM PRYOR, and EDMONDSON, Circuit Judges.

Case: 14-13373

Date Filed: 10/29/2014

Page: 2 of 2

PER CURIAM:

Bank of America, N.A. appeals the district court’s summary affirmance of
the bankruptcy court’s order voiding a wholly unsecured second priority lien on
residential property owned by a Chapter 7 debtor.
The bankruptcy court granted Debtor’s request to “strip off” the unsecured
junior lien, based on this Court’s binding precedent in McNeal v. GMAC Mortg.,
LLC (In re McNeal), 735 F.3d 1263 (11th Cir. 2012) (citing Folendore v. United
States Small Bus. Admin., 862 F.2d 1537 (11th Cir. 1989)). In McNeal, we
concluded that a Chapter 7 debtor is allowed to “strip off” a second priority lien on
her home, pursuant to 11 U.S.C. § 506(a) and (d), when the first priority lien
exceeds the value of the property.
Bank of America acknowledges that its arguments on appeal are foreclosed
by the Court’s decisions in McNeal and Folendore but reserves the right to seek
reconsideration of the issue by the en banc Court. Cf. United States v. Smith, 122
F.3d 1355, 1359 (11th Cir. 1997) (“Under the prior panel precedent rule, we are
bound by earlier panel holdings . . . unless and until they are overruled en banc or
by the Supreme Court.”).
AFFIRMED.
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