Georgia Foreclosure FAQs

• Q: Does Georgia Law Allow for a Redemption Period After a Foreclosure?
  A: No, there is no statutory right of redemption in Georgia. More
• Q: Where and When do Foreclosure Sales Take Place in Georgia?
  A: Georgia law sets specific time requirements for foreclosures on Georgia property. Foreclosure sales occur on the first Tuesday of the month between 10 am and 4 … More
• Q: What Public Notice Requirements are There for a Real Estate Foreclosure in Georgia?
  A: Georgia law permits both judicial and non judicial foreclosures depending on the terms of the mortgage contract. In a judicial foreclosure, public notice is … More
• Q: Can a Lender Sue a Borrower for a Deficiency Judgment if the Lender is Still Owed Money After a Foreclosure Sale in Georgia?
  A: If the amount earned from the foreclosure sale of a Georgia property is less than the amount owed on the loan then a Georgia lender has the right to sue the borrower … More
• Q: How Can a Lender Foreclose on a Property in Georgia?
  A: How a Georgia lender foreclosures on a property is dependent on the terms of the loan agreement. If the loan agreement contains a power of sale clause then the … More
• Q: How Long Does the Typical Foreclosure Process Take in Georgia?
  A: Most Georgia property foreclosures take between 1-3 months to complete. Out of court foreclosure sales must be preceded by 4 weeks of public notice and foreclosure … More
• Q: Can I Keep My Home If I File Bankruptcy in Georgia?
  A: As in all states, the decision about whether a homeowner can keep his or her home in a bankruptcy proceeding is dependent on whether the homeowner can continue to … More

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