Banco Popular De Puerto Rico v. Lozada Ramirez, Emma Marie
Case Details
- Status — whether other courts must follow this ruling
- Published
- Procedural Posture — the stage the case had reached
- appeal
Related Laws
No specific laws identified for this ruling.
Claim Types
Outcome
The appellate court affirmed the trial court's judgment in favor of Banco Popular de Puerto Rico, ordering the defendants to pay the outstanding mortgage debt of $227,277.03 plus accrued interest, late charges, and attorney's fees. The court rejected the defendants' rebus sic stantibus defense based on Hurricane Maria and COVID-19 pandemic hardship.
What This Ruling Means
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