Cessna Finance Corp. v. Design Engineering & Construction International Inc.

As noted by the majority opinion, OCGA § 11-9-504 (3) requires that the disposition of repossessed collateral be commercially reasonable. The purpose of the “reasonable notification” requirement of *209OCGA § 11-9-504 (3) is to afford a debtor the opportunity to protect his interests at the sale (by challenging aspects of the sale or seeking out potential buyers) or to redeem the collateral prior to any sale. Barbree v. Allis-Chalmers Corp., 250 Ga. 409 (297 SE2d 465) (1982); Geoghagan v. Commercial Credit Corp., 130 Ga. App. 828 (204 SE2d 784) (1974). Providing the debtor with reasonable…