Denutte v. U.S. Bank, N.A.Annotate this Case
The Supreme Judicial Court affirmed the judgment of the business and consumer docket dismissing as time-barred Plaintiff's complaint against U.S. Bank, N.A., the servicer of a mortgage she executed to secure a loan, holding that the court correctly dismissed the complaint as untimely filed.
Plaintiff fully performed her obligations arising from a transaction in which she borrowed money and executed a mortgage to secure the loan. Four years after her claim accrued, Plaintiff brought this action under Me. Rev. Stat. 33, 551, alleging that U.S. Bank did not fulfill its statutory duty when it came time for the mortgage to be discharged. The business and consumer docket concluded that the claim was subject to the one-year limitation period set forth in Me. Rev. Stat. 14, 858 and was thus time-barred. The Supreme Judicial Court affirmed, holding that the court correctly dismissed the complaint because it was subject to the one-year statute of limitations.