Legal Question in Credit and Debt Law in Georgia

Re: home loans

I am not sure what you mean by the "signing" is in January. If you don't already own it, you can't have a balloon note due.

In some cases, and I cannot tell from what you posted, a Chapter 13 might give you time to catch up payments. You need to sit down with a lawyer to provide more information to see what if any options you have (and the impact of a divorce).

Re: home loans

I'm not sure I understand your situation. How can the note be due if you haven't bought the house yet?

If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.

The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.

Glenn M. Lyon, Esq

MacGregor Lyon, LLC

Promenade II

1230 Peachtree Street NE

Suite 1900

Atlanta Georgia 30309

Phone 404.942.3545

Fax 404.795.0993

[email protected]

www.macgregorlyon.com

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