Household Finance Corp., III v. Mitchell

We reverse the trial court’s denial of the appellant’s motion to vacate the default judgment entered against it in the foreclosure proceedings below. Because we conclude that the appellant raised one or more meritorious defenses, and because the trial court found that it met the other prerequisites for granting the motion, we reverse and remand for entry of an order vacating the default.

H.F. Mitchell, Jr. held mortgages totaling $600,000 on four pieces of property owned by David and Mary Ann Padot. These properties included a house and the parcel on which it was located (collectively “the…