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IN RE CATER

No. Civ.A. 99-T-800-N.

240 B.R. 420 (1999)

In re Odie S. CATER, Debtor. Odie S. Cater, Appellant, v. American General Finance, Appellee.

United States District Court, M.D. Alabama, Northern Division.

October 14, 1999.

Attorney(s) appearing for the Case

Forrest C. Rule, Jr., Greenville, AL, for Odie S. Cater.

Britt Batson Griggs, Parnell & Crum, PA, Montgomery, AL, for American General Finance.

OPINION

MYRON H. THOMPSON, Chief Judge.

The issue presented in this appeal is whether § 506(d) of the Bankruptcy Code, 11 U.S.C.A. § 506(d), allows a debtor to have a consensual junior lien on her property voided when the property's senior lien exceeds its market value. As will be explained below, subsection (d) of § 506 does not provide for this, and, accordingly, the order of the bankruptcy court so holding will be affirmed.

I....

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