Roberto Rios Vargas v. Planet Home Lending, LLC

CourtBankruptcy Appellate Panel of the First Circuit
DecidedAugust 28, 2025
DocketBAP No. PR 24-022
StatusPublished

This text of Roberto Rios Vargas v. Planet Home Lending, LLC (Roberto Rios Vargas v. Planet Home Lending, LLC) is published on Counsel Stack Legal Research, covering Bankruptcy Appellate Panel of the First Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Roberto Rios Vargas v. Planet Home Lending, LLC, (bap1 2025).

Opinion

FOR PUBLICATION

UNITED STATES BANKRUPTCY APPELLATE PANEL FOR THE FIRST CIRCUIT _______________________________

BAP NO. PR 24-022 _______________________________

Bankruptcy Case No. 23-03125-MAG _______________________________

ROBERTO O. RIOS VARGAS, Debtor. _______________________________

ROBERTO O. RIOS VARGAS, Appellant,

v.

PLANET HOME LENDING, LLC, Servicer for Estrella Homes III, LLC, Appellee. _________________________________

Appeal from the United States Bankruptcy Court for the District of Puerto Rico (Hon. María de los Ángeles González, U.S. Bankruptcy Judge) _________________________________

Before Cary, Fagone, and Katz, U.S. Bankruptcy Appellate Panel Judges _________________________________

Alberto O. Lozada Colón, Esq., on brief for Appellant. Sergio A. Ramírez de Arellano, Esq., on brief for Appellee. _________________________________

August 28, 2025 _________________________________ Cary, U.S. Bankruptcy Appellate Panel Judge.

The bankruptcy court disallowed a claim asserted by Planet Home Lending, LLC

(“Planet Home”) against Robert O. Rios Vargas (the “Debtor”). Later, Planet Home asked the

court to reconsider the order disallowing the claim. The court obliged, issuing an order that

reconsidered the disallowance and allowed the claim. The Debtor now appeals. For the reasons

set forth below, we AFFIRM.

BACKGROUND

In February 2023, Luna Residential III, LLC (“Luna Residential”) obtained a judgment

against Manuel Ángel Jiménez García in an action for foreclosure of a mortgage encumbering

real estate located in the Boquerón district of Cabo Rojo, Puerto Rico (the “Boquerón Property”).

The Debtor then bought the Boquerón Property subject to the lien. Later, Luna Residential filed

a motion in the foreclosure action indicating that the note secured by the mortgage had been

transferred to Estrella Homes III, LLC (“Estrella Homes”).

In September 2023, the Debtor commenced a chapter 13 case, listing the Boquerón

Property as his residence and listing Estrella Homes as a creditor holding a claim secured by that

property. In his chapter 13 plan, the Debtor proposed to pay Estrella Homes on account of its

secured claim. Planet Home filed a timely proof of claim, Claim No. 4-1, asserting a claim

secured by the Boquerón Property. It also attached an escrow statement identifying the borrower

as Mr. Jiménez García along with copies of a note and a recorded mortgage signed by him. The

proof of claim identified the creditor as “Planet Home Lending, LLC, Servicer for Espacio

Residential, LLC” (as opposed to Estrella Homes), and indicated that the claim had not been

acquired from someone else. However, the mortgage proof of claim attachment (“Form 410A”)

2 identified the creditor as Luna Residential. Neither the proof of claim nor Form 410A referenced

Estrella Homes.

On December 21, 2023, the Debtor filed an objection to Planet Home’s claim, asserting

that the claim left him uncertain who held the note secured by the mortgage. Citing Bankruptcy

Rule 3001(e), the Debtor asserted that Planet Home should provide evidence of any transfer of

the claim.1 He also requested disallowance of Planet Home’s claim.

Planet Home, in its asserted capacity as servicer to Espacio Residential, LLC (“Espacio

Residential”), opposed the claim objection. As for the identity of the claimant, Planet Home

acknowledged that the note had been transferred from Luna Residential to Estrella Homes pre-

petition, but it said nothing about any interest that Espacio Residential might have in the note.

The Debtor replied that, in the absence of any evidence that Espacio Residential was the owner

of the note, the claim should be disallowed. The bankruptcy court ordered Planet Home to

respond to the Debtor’s reply.

In response, on March 25, 2024, Planet Home, as servicer for Estrella Homes, filed a

“Motion in Compliance with Order Re Debtor’s Objection to Claim No. 4” (“Motion in

Compliance”). In it, Planet Home confirmed that Estrella Homes, not Espacio Residential, was

the holder of the claim and admitted that it had filed its original proof of claim as servicer for

Espacio Residential by mistake. That same date, Planet Home also filed an amended proof of

claim, Claim No. 4-2, identifying the creditor as “Planet Home Lending, LLC, Servicer for

Estrella Homes III, LLC.” The amended proof of claim was filed along with a copy of the note

1 References to “Bankruptcy Rule” are to the Federal Rules of Bankruptcy Procedure, and references to “Rule” are to the Federal Rules of Civil Procedure. Unless otherwise indicated, all statutory citations refer to the Bankruptcy Code, 11 U.S.C. §§ 101-1532.

3 signed by Mr. Jiménez García and an endorsement of the note by Luna Residential to Estrella

Homes.

On April 2, 2024, the Debtor filed a “Reply to Answer to Order, Objection to Amended

Claim 4-1 and for Imposition of Sanctions” (the “Reply”). This document was docketed as a

reply to the Motion in Compliance rather than an objection to Planet Home’s claim. In the

Reply, the Debtor insisted that because the amended proof of claim named a new creditor it

amounted to a new claim that should be disallowed as untimely, citing Gens v. Resolution Trust

Corp., 112 F.3d 569 (1st Cir. 1997). He also argued that Planet Home’s failure to acknowledge

its mistake in a timely fashion amounted to bad faith litigation warranting disallowance of the

claim, cancellation of the lien, and an award of attorney’s fees. Planet Home responded by

providing details of an error that had led its counsel to mistakenly identify the creditor in its

original proof of claim.

On April 3, 2024, the bankruptcy court held a hearing on the Debtor’s objections to

Planet Home’s claim, a hearing at which Planet Home did not appear. Several weeks later, the

court entered an order partially sustaining the Debtor’s objection to Planet Home’s amended

claim as unopposed and disallowing the claim. The court denied the Debtor’s requests for

cancellation of the lien and attorney’s fees.

Two days later, Planet Home filed a motion for reconsideration, citing Rules 59(e) and

60(b) and asserting that the order disallowing its claim was infected by “a manifest error of due

process and/or a manifest error of law.” Planet Home argued that it had filed a timely proof of

claim and defended its allowance. It maintained the Debtor had not lodged a proper objection to

its amended claim, observing that the Reply was not linked to Claim No. 4-2 on the claims

register, and the title of the Reply referred to Claim No. 4-1. Beyond that, Planet Home argued

4 that the objection to its amended claim was not supported by Gens because: (1) the amended

claim did not assert a new right to payment; (2) the amendment would not prejudice the holders

of unsecured claims; and (3) the need to amend was the product of a mistake.

The Debtor opposed the motion for reconsideration on due process grounds, pointing out

that Planet Home received notice of the Reply—which clearly objected to the amended claim—

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Foman v. Davis
371 U.S. 178 (Supreme Court, 1962)
Cambridge Plating Co. v. Napco, Inc.
85 F.3d 752 (First Circuit, 1996)
Gens v. Resolution Trust Corp.
112 F.3d 569 (First Circuit, 1997)
United States v. Duarte
246 F.3d 56 (First Circuit, 2001)
Tower v. Leslie-Brown
326 F.3d 290 (First Circuit, 2003)
Cipes v. Mikasa, Inc.
439 F.3d 52 (First Circuit, 2006)
United States v. Turbides-Leonardo
468 F.3d 34 (First Circuit, 2006)
Craig Chestnut v. City of Lowell
305 F.3d 18 (First Circuit, 2002)
In Re McLean Industries, Inc.
121 B.R. 704 (S.D. New York, 1990)
Sparkle Hill, Inc. v. Interstate Mat Corporation
788 F.3d 25 (First Circuit, 2015)
United States v. Acevedo-Sueros
826 F.3d 21 (First Circuit, 2016)
Belser v. Nationstar Mortgage, LLC (In re Belser)
534 B.R. 228 (First Circuit, 2015)

Cite This Page — Counsel Stack

Bluebook (online)
Roberto Rios Vargas v. Planet Home Lending, LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/roberto-rios-vargas-v-planet-home-lending-llc-bap1-2025.