Edmondson v. Air Service Company

Deen, Judge.

1. Where, on default in instalment payments, property subject to a security interest is repossessed by the seller, if the seller thereafter wishes to dispose of such collateral at public or private sale and, on its failure to bring an amount sufficient to pay the balance due on the debt, secure a deficiency judgment against the purchaser for the balance, he must follow Code Ann. S 109A-9 — 504 (3), so that if the property is sold at private sale, "reasonable notification of the time after which any private sale or other intended disposition is to be made shall be sent by the…