GroundRules
O.C.G.A. § 44-14-238: Foreclosure when debts due in installments; treatment of surplus.
Where this section sits in the code
- TITLE 44 Property
- CHAPTER 14 Mortgages, Conveyances to Secure Debt, and Liens
- Article 7 Foreclosure
- PART 4 Foreclosures on Personalty
- Subpart 1 In General
If a mortgage on personalty is given to secure several debts falling due at different times, the mortgagee may foreclose when the first debt becomes due; and the court will control the surplus so as to protect the lien created for the debts not due.
Collected 2026-09-17T19:34:57Z. Source file · JSON