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SECURITY CREDIT CORP. v. JESSE

No. 61899; CA 16536.

611 P.2d 702 (1980)

46 Or.App. 399

SECURITY CREDIT CORPORATION, an Oregon Corporation, Appellant, v. Wayne JESSE, d/b/a Keizer Motors, Respondent.

Court of Appeals of Oregon.

Decided May 27, 1980.

Attorney(s) appearing for the Case

Stanley Fields, Salem, argued the cause and filed the brief for appellant. With him on the brief was Karol, Wyatt, Kersh & Associates, P.C., Salem.

Michael B. Dye, Salem, argued the cause and filed the brief for respondent.

Before GILLETTE, P.J., and ROBERTS and CAMPBELL, JJ.

CAMPBELL, Judge.

Plaintiff corporation, the assignee of an installment sales contract, sought under a recourse provision of the assignment to recover from defendant assignor amounts owing under the contract after the debtor defaulted. It appeals from an adverse judgment in the trial court, and assigns as error the court's admission over plaintiff's objection of evidence regarding a recourse fund which constituted plaintiff's only source of recovery under the assignment...

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