Default Judgment Ruling Over Failure To Repay Mortgage Loan Overturned On Appeal

Mealey's (February 12, 2021, 12:29 PM EST) -- LITTLE ROCK, Ark. — An Arkansas trial court erred in entering a default judgment against two churches in a lawsuit stemming from their failed repayment of a mortgage loan because the churches’ lender did not file a motion for such relief as required pursuant to state precedent, an Arkansas appellate panel ruled Feb. 10 in reversing and remanding....