Q: Have there been any cases upholding the current version of Oregon Revised Statutes: 73.0311?
Is a check marked "paid in full", and negotiated still a valid "accord and satisfaction" in Oregon, in a disputed matter?
A: If you are asking if you write "Paid in Full" on a check's memo line and submit it for less than the full amount of the bill, and it is cashed, are you off the hook for the balance of the bill, the answer is NO. If you have a written agreement specifying the creditor is settling for the reduced amount in full accord and satisfaction, agreed to and signed by someone with management authority at the creditor, and the check is cashed, then you may well have the balance of the debt extinguished.
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