Oregon Passes Law Restricting Lender Remedies in Response to COVID-19 Pandemic

Oregon Governor Kate Brown recently signed into law House Bill 2009, which, among other things, provides relief to borrowers that were financially impacted as a result of the COVID-19 pandemic by setting forth certain prohibited activities that apply to lenders of financing agreements during the emergency period. The bill became effective on June 1, 2021, and the bill’s COVID-19 provisions will be repealed 90 days after the expiration of the emergency period....
By: Weiner Brodsky Kider PC

Weiner Brodsky Kider PC