Legal Question in Real Estate Law in Oregon
judgements
can a second trust deed holder file a judement after the first trust deed holder foreclosed
Asked on 5/02/09, 2:08 pm
1 Answer from Attorneys
Susan Burns
Law Office of Susan Ford Burns
Re: judgements
A second trust deed holder can usually sue the maker on the promissory note. They can then obtain a judgment against the maker of the note for the amount of the second trust deed often along with attorneys fees and court costs.
They cannot get a judgment directly without suing the person who made the promissory note.
Answered on 5/05/09, 3:21 pm
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