Oregon Statutes 87.302 – Authority of court on sustaining validity of lien claim
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If the court on hearing on a show cause order issued under ORS § 87.288 (1), finds that there is probable cause for sustaining the validity of the underlying claim of lien, the court may order foreclosure of the lien by advertisement and sale. [1975 c.648 § 32]
Terms Used In Oregon Statutes 87.302
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Lien: A claim against real or personal property in satisfaction of a debt.
- Probable cause: A reasonable ground for belief that the offender violated a specific law.
[Repealed by 1975 c.648 § 72]