In Oregon, attention must be paid in drafting loan documents and identifying the date final payment is due (the “Maturity Date”). In loans secured by real property, the Maturity Date should be included in any recorded mortgage, trust deed, … [Read more...] about Secured Transactions and Maturity Dates
Oregon’s Receivership Statute
In 2017, the Oregon Legislature enacted the new Oregon Receivership Code (“Code”), which took effect on January 1, 2018. Previously, Oregon’s Receivership State defined types of receiverships which allowed very little flexibility. The Code provides an … [Read more...] about Oregon’s Receivership Statute
Debtor’s Misrepresentation to a Creditor
Can a Debtor’s misrepresentation to a Creditor, made specifically to get the Creditor to extend credit, be the basis of claiming the obligation is nondischargeable in the Debtor’s bankruptcy? If the misrepresentation is not in writing and relates to a … [Read more...] about Debtor’s Misrepresentation to a Creditor