Structured Settlement Guide For Oregon

Below is local Oregon information related to courts, and structured settlement topics. You may have to visit or phone call a local Oregon courthouse when working with your structured settlement.

Oregon Settlement News

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Oregon City Court Pages

Click to go to Site: Oregon Main Court Pages
Click to go to Site: Oregon Circuit Courts
Click to go to Site: County and City Courts of OR

The following Oregon cities have court information at above links:

• Portland
• Eugene
• Salem
• Gresham
• Beaverton
• Hillsboro
• Medford
• Springfield
• Bend
• Corvallis
• Aloha
• Tigard
• Albany
  

Structured Settlement Oregon State Laws

Chapter 173 Oregon Laws 2005 AN ACT SB 645 Relating to transfers of structured settlement rights. Be It Enacted by the People of the State of Oregon:...SECTION 4. A transfer of payment rights under sections 1 to 6 of this 2005 Act is not effective and an obligor or annuity issuer is not required to make any payments directly or indirectly to a transferee unless the transfer has been approved in advance in a final court order or order of a responsible administrative authority based on express findings by the court or authority that: (1) The transfer is in the best interest of the payee, taking into account the welfare and support of all persons for whom the payee is legally obligated to provide support. (2) The payee has been advised in writing by the transferee to seek advice from an attorney, certified public accountant, actuary or other licensed professional adviser regarding the transfer, and the payee has either received the advice or knowingly waived advice in writing. (3) The transfer does not contravene any applicable statute or order of any court or other government authority. SECTION 5. Following a transfer of payment rights under sections 1 to 6 of this 2005 Act: (1) The obligor and the annuity issuer shall, as to all parties except the transferee, be discharged and released from all liability for the transferred payments. (2) The transferee shall be liable to the obligor and the annuity issuer: (a) If the transfer contravenes the terms of the structured settlement agreement, for any taxes incurred by the parties as a consequence of the transfer; and (b) For any other liabilities or costs, including reasonable costs and attorney fees, arising from compliance by the parties with the order of the court or responsible administrative authority or arising as a consequence of the transferee’s failure to comply with sections 1 to 6 of this 2005 Act. (3) An annuity issuer or an obligor may not be required to divide any periodic payments between the payee and any transferee or assignee or between two or more transferees or assignees. (4) Any further transfer of payment rights by the payee may be made only after compliance with all of the requirements of sections 1 to 6 of this 2005 Act...

* See more and actual structured settlement statutes at Oregon State government law site pages

OR Help Sites Structured Settlement Related Issues