 Nobelman v. American Savings Bank

Nobelman v. American Savings Bank, 508 U.S. 324 (1993), was a United States Supreme Court case in which the Court disallowed cram-downs (the involuntary imposition by a court of a reorganization plan over the objections of creditors in a bankruptcy proceeding) for primary residences.Michael J. Schroeder argued on behalf of the mortgage creditor, American Savings Bank.