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Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in Oregon?

Yes, Oregon law allows a lender to sue a borrower for a deficiency judgment if the amount earned in the foreclosure sale is not enough to satisfy the mortgage debt on the property.

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This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified foreclosure lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local foreclosure attorney to discuss your specific legal situation.

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