In re: Frank Enrique Torres Rodriguez and Ingrid Soraya Silva Rodriguez

CourtUnited States Bankruptcy Court, D. Puerto Rico
DecidedOctober 30, 2024
Docket24-00428
StatusUnknown

This text of In re: Frank Enrique Torres Rodriguez and Ingrid Soraya Silva Rodriguez (In re: Frank Enrique Torres Rodriguez and Ingrid Soraya Silva Rodriguez) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, D. Puerto Rico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re: Frank Enrique Torres Rodriguez and Ingrid Soraya Silva Rodriguez, (prb 2024).

Opinion

1 IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF PUERTO RICO 2

3 IN RE: CASE NO. 24-00428-EAG13 4 FRANK ENRIQUE TORRES RODRIGUEZ Chapter 13 INGRID SORAYA SILVA RODRIGUEZ 5

6 xx-xx-1782 7 xx-xx-5070 Debtor(s) FILED & ENTERED ON OCT/30/2024 8

9 OPINION AND ORDER 10 Frank Enrique Torres Rodríguez and Ingrid Soraya Silva Rodríguez filed 11 their petition for relief under Chapter 13 of the Bankruptcy Code on February 12 6, 2024. (Dkt. No. 1.) Pending before the court is their objection to the 13 secured status of proof of claim number 5-1 filed by Island Portfolio Services 14 LLC as servicer for PR Recovery and Development REO, LLC, Island Portfolio’s 15 answer thereto, and Mr. Torres Rodriguez and Mrs. Silva Rodriguez’s motion to 16 supplement the objection to claim. (Dkt. Nos. 34, 60 & 72.) Mr. Torres Rodriguez 17 and Mrs. Silva Rodriguez allege that Island Portfolio’s mortgage expired by 18 operation of state law. Island Portfolio opposes based on judicial estoppel, 19 res judicata and the Rooker-Feldman doctrine. And as per the minutes of the 20 confirmation hearing, Island Portfolio also argued that the applicable statute 21 of limitations was tolled, and that Mr. Torres Rodriguez and Mrs. Silva 22 Rodriguez waived their right to raise such defense. (Dkt. No. 66.) For the 23 reasons stated below, Mr. Torres Rodriguez and Mrs. Silva Rodriguez’s objection 24 to claim is granted and Island Portfolio’s claim is allowed as a general 25 unsecured claim. 26 I. JURISDICTION 27 This court has jurisdiction over the subject matter and the parties 28 pursuant to 28 U.S.C. §§ 1334 and 157(a), L. Civ. R. 83K(a), and the General 29 Order of Referral of Title 11 Proceedings to the United States Bankruptcy Court 1 for the District of Puerto Rico, dated July 19, 1984 (Torruella, C.J.). This is 2 a core proceeding in accordance with 28 U.S.C. § 157(b).1 3 II. FACTS AND PROCEDURAL BACKGROUND 4 A. The Loan and the State Court Case 5 On November 2, 1984, Frank Torres Ortiz and Aurea Rodríguez de Torres, 6 the deceased parents of Mr. Torres Rodriguez, executed a mortgage note in the 7 amount of $500,000 in favor of Corporación de Crédito Agrícola or to its order. 8 The mortgage note is secured by deed of mortgage number 174 executed on November 9 2, 1984, before Notary Public Carmen Dolores Ruiz Lopez. (Proof of Claim No. 5- 10 1, Part 10 & Part 11.) The mortgage deed was presented before the Property 11 Registry on December 3, 1984. (Proof of Claim No. 5-1, Part 11, p. 6.) 12 The mortgage encumbered a property described in the Spanish language as 13 follows: 14 RUSTICA: “A” porción de terreno situada en los barrios Segunda Ensenada 15 y Hato del Pastillo, del término municipal de Guánica. Tiene de cabida ciento 16 veinticinco cuerdas con siete mil seis cientos cuarentidos diez milésimas de 17 otro, o sea, cuatrocientos noventicuatro mil trescientos dos metros cuadrados 18 con siete mil setecientos cuarenticinco diez milésimas de otro; colindando por 19 el NORTE, con terrenos de Eduardo Quiñones y Martorell, antes luego con Delfín 20 Rodriguez Favale; por el SUR, con el mar caribe; por el Saliente, con el mismo 21 mar; por el Poniente, con terrenos de Eugenia Quiñones Martorell, antes, luego 22 las colindancia fueron: NORTE, Delfín Rodriguez Favale; por el SUR, con el mar 23 Caribe; por el ESTE, con el mismo mar; por el OESTE, con la finca “B” o sea, 24 25 26 1 Unless otherwise indicated, all references to “Bankruptcy Code” or to specific statutory sections are to the 27 Bankruptcy Reform Act of 1978, as amended, 11 U.S.C. §§ 101-1532. All references to “Bankruptcy Rule” are to the Federal Rules of Bankruptcy Procedure, and all references to “Rule” are to the Federal Rules of Civil Procedure. All 28 references to “Local Bankruptcy Rule” are to the Local Bankruptcy Rules of the United States Bankruptcy Court for the District of Puerto Rico. And all references to “Local Civil Rule” are to the Local Rules of Civil Practice of the 29 United States District Court for the District of Puerto Rico. 1 terrenos de la misma finca de la separa pertenecientes ahora de las 2 comparecientes Isabel Irmina Quiñones Rivera y Flor de Maria Quiñones Rivera. 3 The property is recorded at page 216 of volume 72 of Guánica, property 4 number 2,358, Property Registry of San Germán. The property is listed on amended 5 Schedule A/B. (Dkt. No. 29, p. 6.) 6 On March 31, 1987, Corporación de Crédito Agrícola filed a collection of 7 monies complaint against Valley Produce, Inc., Mr. Torres Ortiz, Mrs. Rodríguez 8 de Torres, Marta Viada Bellido de Luna, and Mr. Torres Rodriguez in the Court 9 of First Instance of Puerto Rico, Superior Court of Ponce. (Dkt. No. 34, Exhibit 10 1.) The state court entered judgment against such defendants on March 12, 1990. 11 (Proof of Claim No. 5-1, Part 3.) The complaint and the judgment do not include 12 any relief regarding the mortgage note. 13 On December 29, 2006, Mr. Torres Rodriguez and the other defendants in 14 the state court case filed an Agreement for Payment of Judgment with the 15 Corporación de Crédito Agrícola’s successor in interest, Banco de Desarrollo 16 Económico para Puerto Rico, for payment of the judgment. (Proof of Claim No. 17 5-1, Part 4.) The parties agreed therein to certain terms and conditions for 18 payment of the judgment. Upon default, the plaintiff would be entitled to 19 proceed with the foreclosure of the property. 20 On March 2, 2011, upon default with the terms of the Agreement for Payment 21 of Judgment, the state court issued an order for execution of judgment, which 22 included the foreclosure of the property per the terms of the agreement. On 23 March 16, 2011, the state court issued the corresponding writ. (Proof of Claim 24 No. 5-1, Part 6 & Part 7.) 25 On January 24, 2024, the state court issued an amended order for execution 26 of judgment, which included the foreclosure of the property. On January 30, 27 2024, the state court issued the corresponding writ. (Proof of Claim No. 5-1, 28 Part 8 & Part 9.) 29 1 B. Bankruptcy Case Number 11-060932 2 On July 18, 2011, Mr. Torres Rodriguez and Mrs. Silva Rodriguez filed a 3 petition for relief under Chapter 11 of the Bankruptcy Code. (Bankr. Case No. 4 11-06093, Dkt. No 1.) In such case, Mr. Torres Rodriguez and Mrs. Silva Rodriguez 5 and Banco de Desarrollo Económico para Puerto Rico filed a stipulation, whereby 6 the parties reached an agreement for payment of such creditor’s secured claim 7 and acknowledged the lien over the property. The stipulation, which provides 8 for it to be incorporated into the Chapter 11 plan, was approved by the court. 9 (Bankr. Case No. 11-06093, Dkt. Nos. 194 & 206.) On November 1, 2013, the court 10 entered an order confirming the Chapter 11 plan and on February 3, 2015, the 11 case was closed upon entry of the final decree. (Bankr. Case No. 11-06093, Dkt. 12 Nos. 253 & 305.) 13 C. Bankruptcy Case Number 16-06971 14 On August 31, 2016, Mr. Torres Rodriguez and Mrs. Silva Rodriguez filed 15 another petition for relief under Chapter 11 of the Bankruptcy Code. (Bankr. 16 Case No. 16-06971, Dkt. No. 1.) On February 2, 2018, the court confirmed a 17 Chapter 11 plan on case number 16-06971. (Bankr. Case No. 16-06971, Dkt. No.

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In re: Frank Enrique Torres Rodriguez and Ingrid Soraya Silva Rodriguez, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-frank-enrique-torres-rodriguez-and-ingrid-soraya-silva-rodriguez-prb-2024.