Georgia Foreclosure Laws

[edit] Attorney General’s Office

40 Capitol Square. SW

Atlanta, GA 30334-1300

Ph: (404) 656-3300

Fax:(404) 651-9148

First Legal Action: Publication

Time Frame from 1st Legal Action to Final Action: 90-120 Days

Final Legal Action: Sale Date

Judicial Foreclosure Available: Yes

Non-Judicial Foreclosure Available: Yes

Method Primarily Used: Non-Judicial

Security Instruments: Security Deed, Mortgage

Right to Redemption*: Yes; Varies by Process

Deficiency Judgments Allowed: Yes

Foreclosure Postponement Available: No, Must Restart

Super Lien State:

Certified Breach Letter State: No

Lender Retains Copy of the Breach Letter: No

Eligible for Tax Advance Repayment Plans: Yes

Statutory State: No

*A borrower’s right to repurchase property lost in foreclosure sale.

** A judgment against ones person making the borrower responsible for the remaining balance on the loan after a foreclosure/sheriff sale.