Legal Question in Credit and Debt Law in Georgia
My mortgage said they can foreclosure on me because I owe $54.00. Can they do that?
Asked on 12/21/09, 10:38 am
1 Answer from Attorneys
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
The answer is in your mortgage deed and note. Since none of us have read it, no one here can answer you. If you read those, you will know the answer.
While it is unlikely a bank would, most mortgages will have language that allows it. If you are behind such a small amount, it would be foolish not to pay it on time and risk your home.
Answered on 12/26/09, 5:23 pm