Wright v. Associates Financial Services Co.

In this proceeding for declaratory relief, plaintiffs sought a decree declaring that (1) a trust deed to plaintiff Wright’s property could not be foreclosed by advertisement and sale; (2) the provisions of the Oregon Trust Deed Act (Act) which permit a trustee to foreclose a trust deed without judicial intervention are unconstitutional; (3) the loan secured by the trust deed was not in default at the time of foreclosure; (4) defendant had breached a fiduciary duty; (5) defendant conspired with others to deprive plaintiffs wrongfully of the property subject to The trust deed; (6) plaintiffs…