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NORTHWEST ACCEPTANCE CORP. v. BLES STUDS

40001; CA A51001.

803 P.2d 775 (1990)

105 Or. App. 54

NORTHWEST ACCEPTANCE CORPORATION, an Oregon corporation, nka Pacificorp Credit, Inc., Respondent, v. BLES STUDS, INC., an Oregon corporation, Short Pole Logging Co., Inc., an Oregon corporation, Gooseneck Land Company, an Oregon corporation, Charles E. Bernert, Diane Bernert, John R. Lehr, Pauline Lehr, George L. Marston, dba Marston Logging, Defendants, C. Alan Nyman and Jackie Nyman, Appellants.

Court of Appeals of Oregon.

Decided December 26, 1990.

Attorney(s) appearing for the Case

Clayton C. Patrick, Salem, argued the cause and filed the briefs for appellants.

Timothy J. Sercombe, Eugene, argued the cause for respondent. With him on the brief were R. Scott Palmer, Milo R. Mecham, and Harrang, Long, Watkinson, Arnold & Laird, P.C., Eugene.

Before JOSEPH, C.J., and NEWMAN and DEITS, JJ.

DEITS, Judge.

Defendants appeal the trial court's denial of their motion to set aside a default judgment. We affirm.

In 1978, plaintiff entered into lease and loan agreements for logging equipment with the defendant companies. The Nymans signed the agreements as guarantors. The companies experienced financial difficulties and, in March, 1982, plaintiff filed a complaint against all defendants on the agreements. It settled with all except the Nymans.

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