DIXIE CONSTRUCTION COMPANY OF GEORGIA, INC. v. Griffin
Court of Appeals of Georgia
1Opinion of the Court
Felton, Chief Judge.
1. The purpose of the provision of the law relating to the giving of ten days’ notice to the debtor of the creditor’s intention to enforce the provision for attorney’s fees in a contract is to allow the debtor to pay the principal and interest on the contract within ten days from receipt of the notice and relieve himself of the liability to pay attorney’s fees. Code § 20-506 (c) as amended. The fact that the notice states that the contract provides for 15% attorney’s fees instead of 10% as actually provided for in the contract does not destroy the efficacy of the notice…
2Cited by7 opinions
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- Merritt v. First State BankCourt of Appeals of Georgia · 1982
- Avant v. Sandersville Production Credit Ass'nSupreme Court of Georgia · 1979
- Aultman v. T. F. Taylor Fertilizer Works, Inc.Court of Appeals of Georgia · 1972
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