In any foreclosure action, the defendant shall comply with the following provisions:
provided, however, that, in lieu of the payments, the defendant shall be allowed to submit a receipt to the court indicating that the payments have been made to the secured creditor. In the event that the amount of the payments actually due or to become due is in controversy, the court shall determine the amount to be paid into the court in the same manner as provided in paragraph (2) of this Code section;
History. Code 1933, § 67-705, enacted by Ga. L. 1974, p. 398, § 1; Ga. L. 1982, p. 3, § 44; Ga. L. 1987, p. 1023, § 5.
Law reviews.
For article on this part and personal property foreclosures, see 11 Ga. St. B. J. 230 (1975).
For article surveying Georgia cases dealing with commercial law from June 1977 through May 1978, see 30 Mercer L. Rev. 15 (1978).
Structure Georgia Code
Chapter 14 - Mortgages, Conveyances to Secure Debt, and Liens
Part 4 - Foreclosures on Personalty
§ 44-14-230. Authority to Foreclose; Execution; Sale
§ 44-14-231. Petition for Writ of Possession; Affidavit
§ 44-14-235. Appeals; Possession Pending Appeal
§ 44-14-236. Execution and Levy; Retention by Plaintiff; Sale
§ 44-14-237. Transfer, Movement, or Conveyance of Property by Defendant After Posting of Bond
§ 44-14-238. Foreclosure When Debts Due in Installments; Treatment of Surplus
§ 44-14-239. Foreclosure Before Debt Due; Grounds; Affidavit
§ 44-14-240. Foreclosure Before Debt Due; Levy and Sale; Disposition of Proceeds
§ 44-14-241. Foreclosure Before Debt Due; Affidavit of Illegality; Bond; Trial of Issue