State ex rel. State Scholarship Commission v. Magar

The issue presented in this appeal is whether the trial court erred in denying attorney fees to plaintiff where attorney fees are provided for in the contractual agreement between the parties but where defendant offers and plaintiff accepts a compromise for the exact amount prayed for in the complaint. We reverse.

The only facts pertinent here are the following: Defendant borrowed money from the Oregon Bank under the Oregon Guaranteed Student Loan Program.1 The Oregon Bank declared he note to be in default. The State Scholarship Commission (SSC) purchased the note under its guarantee and…