REYNOLDS v. FIRST NLC FINANCIAL SERVICES, LLC

No. 2012-113-Appeal.

81 A.3d 1111 (2014)

Christopher REYNOLDS v. FIRST NLC FINANCIAL SERVICES, LLC, et al.

Supreme Court of Rhode Island.

January 10, 2014.


Attorney(s) appearing for the Case

Keven A. McKenna, Esq. , Providence, for Plaintiff.

Mark E. Liberati, Esq. , Providence, Charles C. Martorana, Esq. , Pro Hac Vice, for Defendant.

Present: SUTTELL, C.J., GOLDBERG, FLAHERTY, ROBINSON, and INDEGLIA, JJ.


OPINION

Justice FLAHERTY, for the Court.

In a fairly typical mortgage transaction, the plaintiff, Christopher Reynolds, executed a promissory note, secured by a mortgage on his property. Unfortunately, Reynolds defaulted on the loan, which in time led to foreclosure proceedings. Reynolds filed for bankruptcy, which prompted the then holder of the mortgage to seek relief from the automatic stay imposed by bankruptcy law. Indeed, relief from the stay was given...

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