Attorney General’s Office
1162 Court Street NE
Salem, OR 97301-4096
(503)378-4400
www.doj.state.or.us
Type of Document: Trust Deed
Types of Foreclosure:
Non judicial foreclosure is used when the loan document contains a
power of sale clause. The process takes approximately 120 days.
Judicial foreclosure is used when the lender wants to pursue a
deficiency judgment or the loan document does not contain the
power of sale clause.
Deficiency: No deficiency is allowed when sold by non judicial
foreclosure. A deficiency is allowed through judicial foreclosure.
Redemption:If the sale was non judicial, no redemption is allowed.
If judicial, the borrower has 180 days to redeem.
