After not taking action and allowing the 2020 foreclosure moratorium to expire on December 31, 2020 (“2020 Act”), the Oregon legislature took action in May to pass House Bill 2009 (the “2021 Act” or the “Act”), reinstating...more
6/10/2021
/ CARES Act ,
Commercial Property Owners ,
Coronavirus/COVID-19 ,
Executive Orders ,
Forbearance Agreements ,
Foreclosure ,
Governor Brown ,
Loss of Income ,
Moratorium ,
New Legislation ,
Notification Requirements ,
Oregon ,
Private Right of Action ,
Undue Hardship
The 2020 CARES Act, enacted in response to the COVID-19 pandemic, included what was thought to be a temporary increase in the debt limits for Subchapter V bankruptcy filings under the Small Business Reorganization Act....more
On August 31, 2020, pursuant to the option granted in HB 4204 (the “Act”) to extend the emergency period via executive order, Oregon Governor Kate Brown issued Executive Order No. 20-37 extending the emergency period covered...more