Freeman v. Decatur Loan & Finance Corp.
Court of Appeals of Georgia
1Opinion of the Court
Clark, Judge.
Should an utterly useless unenforceable utterance cause forfeiture of a legal obligation? The obvious answer in the negative is the principal reason for affirmance of the trial court. Additional reasons are (1) the contract does not violate our Georgia Industrial Loan Act; and (2) the decisions under the Federal Truth-in-Lending Act and its concomitant Regulation Z are not applicable.
Lender sought foreclosure of a bill of sale to secure debt wherein the borrower had conveyed as security for a loan only two items. One was an automobile described in detail as to year, model, brand,…
2Cases cited9 opinions
- Roby v. NewtonSupreme Court of Georgia · 1905
- Renfroe v. ColquittSupreme Court of Georgia · 1885
- Sale v. LeachmanSupreme Court of Georgia · 1963
- McKie v. McKieSupreme Court of Georgia · 1957
- Southern Loan Co. v. McDanielCourt of Appeals of Georgia · 1934
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3Cited by15 opinions
- Theresa Plant v. Blazer Financial Services, Inc. Of GeorgiaCourt of Appeals for the Fifth Circuit · 1979
- BankWest, Inc. v. OxendineCourt of Appeals of Georgia · 2004
- Walter v. Orkin Exterminating Co.Court of Appeals of Georgia · 1989
- USA Payday Cash Advance Centers v. OxendineCourt of Appeals of Georgia · 2003
- State v. SelfCourt of Criminal Appeals of Alabama · 1986
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