Twenty First Century Recovery, Ltd. v. Mase

Plaintiff, Twenty First Century Recovery, Ltd., a partnership, as successor to Certified Savings Association (Certified Savings), appeals from the circuit court of Madison County’s grant of the motion of defendants, Charles Mase and Joan Mase, to dismiss plaintiff’s complaint seeking recovery of a deficiency balance on a promissory note resulting from a real estate foreclosure.

On appeal, plaintiff presents two issues for our consideration: (1) whether the trial court erred in finding that the federal six-year statute of limitations provided in the Financial Institutions Reform, Recovery, and…